JNBA Financial Advisors Has $106,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

JNBA Financial Advisors lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 42.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,288 shares of the company’s stock after selling 958 shares during the period. JNBA Financial Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $106,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Golden State Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $30,000. Van ECK Associates Corp boosted its position in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth 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. Roxbury Financial LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $36,000. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $37,000. Finally, AlphaMark Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $63,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.10 on Friday. The company has a market capitalization of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The business’s 50 day simple moving average is $82.01 and its 200-day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.