AssuredPartners Investment Advisors LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

AssuredPartners Investment Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,724 shares of the company’s stock, valued at approximately $223,000.

A number of other large investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares in the last quarter. Fiduciary Trust Co increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Fiduciary Trust Co now owns 37,630 shares of the company’s stock worth $3,129,000 after buying an additional 250 shares during the last quarter. Icon Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $128,000. Captrust Financial Advisors boosted its stake in 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 valued at $703,935,000 after acquiring an additional 3,563,486 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $7,929,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.67 on Friday. The stock has a market capitalization of $23.30 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company’s 50-day simple moving average is $82.28 and its 200-day simple moving average is $82.31.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.