Crescent Grove Advisors LLC Has $3.81 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Crescent Grove Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 39.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,454 shares of the company’s stock after acquiring an additional 13,045 shares during the quarter. Crescent Grove Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,808,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SHY. Daymark Wealth Partners LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 2nd quarter. Daymark Wealth Partners LLC now owns 5,461 shares of the company’s stock valued at $446,000 after purchasing an additional 300 shares during the period. Millennium Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 24.8% in the second quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock valued at $5,182,000 after acquiring an additional 12,625 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 4.0% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 6,760 shares of the company’s stock worth $552,000 after acquiring an additional 260 shares during the period. Ascent Group LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the 2nd quarter. Ascent Group LLC now owns 76,010 shares of the company’s stock valued at $6,206,000 after acquiring an additional 2,180 shares during the last quarter. Finally, Creative Planning lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the 2nd quarter. Creative Planning now owns 176,157 shares of the company’s stock valued at $14,383,000 after purchasing an additional 1,947 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.14 on Friday. The stock’s fifty day simple moving average is $82.02 and its 200-day simple moving average is $82.34. The firm has a market capitalization of $23.02 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.