World Investment Advisors Has $8.21 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

World Investment Advisors raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,127 shares of the company’s stock after buying an additional 6,224 shares during the quarter. World Investment Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,208,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SHY. Golden State Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $30,000. Van ECK Associates Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the last quarter. Millstone Evans Group LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $32,000. Roxbury Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $36,000. Finally, Logan Capital Management Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.42 on Thursday. The business has a 50 day moving average price of $82.31 and a two-hundred day moving average price of $82.29. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market cap of $22.77 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be given a $0.2798 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $3.36 annualized dividend and a yield of 4.07%.

iShares 1-3 Year Treasury Bond ETF Company Profile

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.