iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.1% in the third quarter, HoldingsChannel.com reports. The firm owned 24,053 shares of the company’s stock after acquiring an additional 1,593 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Cerity Partners OCIO LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $129,075,000. LPL Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares during the period. Mizuho Markets Americas LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $44,917,000. SG Americas Securities LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after acquiring an additional 490,171 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 75.5% in the second quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock worth $69,229,000 after purchasing an additional 364,878 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.01 on Monday. The firm has a market capitalization of $22.15 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average is $82.51 and its 200-day moving average is $82.18. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2831 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date was Friday, November 1st.

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.