Rational Advisors LLC Buys 4,734 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Rational Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 178.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,384 shares of the company’s stock after purchasing an additional 4,734 shares during the quarter. Rational Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. LPL Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after buying an additional 1,193,337 shares during the last quarter. Barclays PLC increased its position in iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after buying an additional 546,239 shares during the last quarter. Finally, Mizuho Markets Americas LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $44,917,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.10 on Monday. The firm has a market capitalization of $23.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50-day simple moving average is $82.01 and its 200-day simple moving average is $82.36. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

About iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.