Gemmer Asset Management LLC Has $6.65 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Gemmer Asset Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,110 shares of the company’s stock after buying an additional 1,509 shares during the period. Gemmer Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,649,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $37,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $68,000. Creative Financial Designs Inc. ADV boosted its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $76,000. Finally, Bristlecone Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $78,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

Shares of SHY opened at $82.08 on Monday. The business’s fifty day moving average is $82.01 and its 200 day moving average is $82.33. 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 $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF 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.