iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by First Horizon Advisors Inc.

First Horizon Advisors Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 76.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,292 shares of the company’s stock after acquiring an additional 29,665 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,599,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its holdings 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 purchasing an additional 3,563,486 shares during the period. LPL Financial LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after buying an additional 1,193,337 shares in the last quarter. Bank of Montreal Can grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after buying an additional 41,969 shares during the period. Barclays PLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the third 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 in the last quarter. Finally, Stephens Inc. AR raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after acquiring an additional 8,531 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ:SHY opened at $82.24 on Monday. The firm’s fifty day simple moving average is $82.01 and its 200 day simple moving average is $82.34. 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 has a market capitalization of $23.18 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2735 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.