Fisher Asset Management LLC Purchases 131,071 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Fisher Asset Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 35.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 501,417 shares of the company’s stock after buying an additional 131,071 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $41,598,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SHY. Hantz Financial Services Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $25,000. Key Financial Inc lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the period. Pflug Koory LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $29,000. Finally, Howe & Rusling Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after purchasing an additional 361 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.80 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20. The stock has a 50 day simple moving average of $82.88 and a two-hundred day simple moving average of $82.89. The company has a market cap of $24.20 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be given a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Monday, March 2nd.

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.