Values First Advisors Inc. Has $3.08 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Values First Advisors Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,761 shares of the company’s stock after acquiring an additional 1,651 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 1.8% of Values First Advisors Inc.’s portfolio, making the stock its 7th largest position. Values First Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,083,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SHY. UBS Group AG lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after purchasing an additional 177,582 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the last quarter. Cornell University bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $35,212,000. Pinebridge Investments L.P. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% in the fourth quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after acquiring an additional 280,000 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in iShares 1-3 Year Treasury Bond ETF by 3,931.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock worth $155,560,000 after acquiring an additional 1,849,118 shares in the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY traded up $0.09 during trading hours on Friday, hitting $82.54. 2,987,113 shares of the company traded hands, compared to its average volume of 4,057,297. The business’s 50-day moving average is $81.93 and its 200-day moving average is $81.65. The stock has a market capitalization of $24.48 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.62 and a twelve month high of $82.91.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a $0.2725 dividend. This represents a $3.27 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend was Thursday, August 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.