3,510 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Purchased by JDH Wealth Management LLC

JDH Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,510 shares of the company’s stock, valued at approximately $288,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% in 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 period. LPL Financial LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares in the last quarter. Barclays PLC increased its stake 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 purchasing an additional 1,123,670 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the period. Finally, Mizuho Markets Americas LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $44,917,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.26 on Tuesday. The firm has a market capitalization of $23.06 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm has a 50 day simple moving average of $82.02 and a 200 day simple moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date was Wednesday, December 18th.

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.