MBA Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 6.8% in the 4th quarter, Holdings Channel reports. The firm owned 112,345 shares of the company’s stock after purchasing an additional 7,122 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 3.7% of MBA Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. MBA Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,304,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after purchasing an additional 6,281,496 shares during the period. Bank of America Corp DE boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after acquiring an additional 272,758 shares in the last quarter. Mizuho Markets Americas LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after purchasing an additional 2,414,144 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after acquiring an additional 257,934 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.
iShares 1-3 Year Treasury Bond ETF Price Performance
SHY stock opened at $82.36 on Monday. The company’s 50 day simple moving average is $82.74 and its 200-day simple moving average is $82.83. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20. The firm has a market capitalization of $24.69 billion, a PE ratio of 3,747.73 and a beta of 0.05.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
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.
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