11,556 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Purchased by Clientfirst Wealth Management LLC

Clientfirst Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 11,556 shares of the company’s stock, valued at approximately $947,000. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.0% of Clientfirst Wealth Management LLC’s portfolio, making the stock its 12th biggest position.

Several other large investors have also modified their holdings of SHY. Captrust Financial Advisors raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares during the period. Bank of Montreal Can raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after acquiring an additional 41,969 shares during the last quarter. Barclays PLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after acquiring an additional 1,123,670 shares during the period. Finally, Stephens Inc. AR grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after purchasing an additional 8,531 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ:SHY opened at $81.97 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $23.10 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50-day moving average price of $82.03 and a 200-day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.