PKS Advisory Services LLC Buys New Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

PKS Advisory Services LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 16,856 shares of the company’s stock, valued at approximately $1,382,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $30,000. Van ECK Associates Corp lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $32,000. Roxbury Financial LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $36,000. Finally, Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $37,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

SHY stock opened at $82.47 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm has a 50-day simple moving average of $82.24 and a 200-day simple moving average of $82.31. The stock has a market capitalization of $23.24 billion, a P/E ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

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.