D.A. Davidson & CO. Has $2.28 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

D.A. Davidson & CO. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 182.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,795 shares of the company’s stock after purchasing an additional 17,958 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,279,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SHY. Golden State Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. Van ECK Associates Corp grew its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the period. Roxbury Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $36,000. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $37,000. Finally, AlphaMark Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $63,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.24 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm’s 50 day moving average price is $82.00 and its two-hundred day moving average price is $82.35. The firm has a market cap of $23.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2735 dividend. The ex-dividend date of this dividend 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.