D.A. Davidson & CO. Acquires 20,580 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

D.A. Davidson & CO. raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 15.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 152,471 shares of the company’s stock after purchasing an additional 20,580 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,590,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SHY. TruWealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after buying an additional 121 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 2.3% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after acquiring an additional 126 shares during the last quarter. Savant Capital LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after acquiring an additional 126 shares during the last quarter. Tower View Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 11.4% in the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after acquiring an additional 132 shares during the last quarter. Finally, Cahaba Wealth Management Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.5% during the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock worth $2,072,000 after acquiring an additional 133 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.00 on Friday. The firm has a 50-day moving average price of $82.04 and a 200-day moving average price of $82.46. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.79 and a 12 month high of $83.20. The stock has a market capitalization of $25.67 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 disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

iShares 1-3 Year Treasury Bond ETF 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.

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

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