Benedetti & Gucer Inc. Boosts Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Benedetti & Gucer Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,974 shares of the company’s stock after acquiring an additional 33,229 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 6.5% of Benedetti & Gucer Inc.’s portfolio, making the stock its 2nd biggest holding. Benedetti & Gucer Inc. owned approximately 0.05% of iShares 1-3 Year Treasury Bond ETF worth $13,165,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. UBS Group AG grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the 4th quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after purchasing an additional 177,582 shares in the last quarter. Cornell University purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $35,212,000. Pinebridge Investments L.P. grew its stake in iShares 1-3 Year Treasury Bond ETF by 7.3% in the 4th quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock worth $335,790,000 after buying an additional 280,000 shares in the last quarter. Raymond James & Associates raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after buying an additional 67,091 shares in the last quarter. Finally, Cerity Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 43.6% in the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after acquiring an additional 744,074 shares in the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock traded up $0.12 during mid-day trading on Friday, hitting $81.96. 3,170,414 shares of the stock were exchanged, compared to its average volume of 3,975,328. The stock has a market capitalization of $24.08 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average price of $81.48 and a 200 day moving average price of $81.62. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.62 and a 12 month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a dividend of $0.2704 per share. This represents a $3.24 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date was Monday, July 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.