Franklin Resources Inc. Acquires 2,851 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Franklin Resources Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 6.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,674 shares of the company’s stock after acquiring an additional 2,851 shares during the quarter. Franklin Resources Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,950,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SHY. Hantz Financial Services Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Howe & Rusling Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after acquiring an additional 361 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares during the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $39,000. Finally, Flaharty Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $40,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.76 on Tuesday. The company’s 50-day moving average is $82.93 and its 200-day moving average is $82.73. The firm has a market capitalization of $23.89 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, December 1st will be issued a $0.2488 dividend. The ex-dividend date of this dividend is Monday, December 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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