iShares 1-3 Year Treasury Bond ETF $SHY is Captrust Financial Advisors’ 4th Largest Position

Captrust Financial Advisors raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,964,759 shares of the company’s stock after buying an additional 940,434 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 2.8% of Captrust Financial Advisors’ holdings, making the stock its 4th largest position. Captrust Financial Advisors owned about 6.15% of iShares 1-3 Year Treasury Bond ETF worth $1,487,841,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quent Long Short Global Small Cap Fund LP purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $53,414,000. Fifth Third Bancorp grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.1% during the 3rd quarter. Fifth Third Bancorp now owns 316,415 shares of the company’s stock valued at $26,250,000 after buying an additional 6,453 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 118.9% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock valued at $7,023,000 after buying an additional 46,040 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 15.8% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 85,119 shares of the company’s stock valued at $7,052,000 after buying an additional 11,593 shares in the last quarter. Finally, Fifth Third Securities Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 79.5% in the fourth quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock valued at $3,384,000 after purchasing an additional 18,099 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.13 on Wednesday. The company’s fifty day moving average is $82.25 and its 200 day moving average is $82.60. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The stock has a market capitalization of $25.15 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.2429 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.