Durante & Waters LLC Grows Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Durante & Waters LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 81,289 shares of the company’s stock after purchasing an additional 343 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 5.7% of Durante & Waters LLC’s investment portfolio, making the stock its 4th largest position. Durante & Waters LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,759,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cerity Partners OCIO LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $129,075,000. SG Americas Securities LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after acquiring an additional 490,171 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 75.5% in the second quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock valued at $69,229,000 after purchasing an additional 364,878 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.36 on Friday. The firm has a 50 day simple moving average of $82.78 and a two-hundred day simple moving average of $82.07. The stock has a market cap of $22.46 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.80 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 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.