Cerity Partners OCIO LLC Grows Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Cerity Partners OCIO LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.7% in the third quarter, Holdings Channel reports. The fund owned 88,443 shares of the company’s stock after acquiring an additional 24,204 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 0.4% of Cerity Partners OCIO LLC’s portfolio, making the stock its 18th largest position. Cerity Partners OCIO LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,337,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SHY. JARISLOWSKY FRASER Ltd grew its stake in iShares 1-3 Year Treasury Bond ETF by 66.9% in the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock worth $3,445,000 after acquiring an additional 16,647 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $1,734,000. Atlantic Union Bankshares Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $75,000. Silver Oak Securities Incorporated boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 96.0% in the 2nd quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock worth $12,686,000 after purchasing an additional 74,972 shares in the last quarter. Finally, Allworth Financial LP grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 448.2% during the second quarter. Allworth Financial LP now owns 53,063 shares of the company’s stock worth $4,397,000 after acquiring an additional 43,383 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.86 on Monday. The stock’s fifty day moving average price is $82.87 and its 200 day moving average price is $82.80. The company has a market cap of $23.74 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.81 and a 1 year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.2548 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

About iShares 1-3 Year Treasury Bond ETF

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.