Jackson Square Capital LLC Invests $2.74 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Jackson Square Capital LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 32,944 shares of the company’s stock, valued at approximately $2,739,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. US Financial Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.8% in the 3rd quarter. US Financial Advisors LLC now owns 73,815 shares of the company’s stock valued at $6,138,000 after purchasing an additional 2,678 shares during the period. Avidian Wealth Enterprises LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.8% in the third quarter. Avidian Wealth Enterprises LLC now owns 4,402 shares of the company’s stock worth $366,000 after buying an additional 203 shares in the last quarter. Flagship Private Wealth LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 666.9% during the third quarter. Flagship Private Wealth LLC now owns 55,089 shares of the company’s stock valued at $4,581,000 after buying an additional 47,906 shares during the period. Crescent Grove Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 31.0% during the third quarter. Crescent Grove Advisors LLC now owns 33,409 shares of the company’s stock worth $2,778,000 after buying an additional 7,915 shares in the last quarter. Finally, Clarity Financial LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 26.3% in the 3rd quarter. Clarity Financial LLC now owns 711,284 shares of the company’s stock worth $59,143,000 after acquiring an additional 147,901 shares during the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

NASDAQ:SHY opened at $81.99 on Thursday. The stock has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s 50-day moving average price is $82.72 and its two-hundred day moving average price is $82.10. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date was Friday, November 1st.

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.