First Trust Advisors LP Acquires 3,424 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

First Trust Advisors LP grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 190,027 shares of the company’s stock after acquiring an additional 3,424 shares during the quarter. First Trust Advisors LP owned 0.06% of iShares 1-3 Year Treasury Bond ETF worth $15,424,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. SignalPoint Asset Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the fourth quarter. SignalPoint Asset Management LLC now owns 9,985 shares of the company’s stock valued at $810,000 after acquiring an additional 123 shares during the period. Triumph Capital Management lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.2% during the fourth quarter. Triumph Capital Management now owns 2,684 shares of the company’s stock worth $218,000 after purchasing an additional 133 shares during the period. Ellis Investment Partners LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.8% during the fourth quarter. Ellis Investment Partners LLC now owns 4,994 shares of the company’s stock worth $405,000 after purchasing an additional 136 shares during the period. Webster Bank N. A. lifted its position in iShares 1-3 Year Treasury Bond ETF by 12.7% during the fourth quarter. Webster Bank N. A. now owns 1,327 shares of the company’s stock worth $108,000 after purchasing an additional 150 shares during the period. Finally, Family Management Corp lifted its position in iShares 1-3 Year Treasury Bond ETF by 22.8% during the third quarter. Family Management Corp now owns 857 shares of the company’s stock worth $70,000 after purchasing an additional 159 shares during the period. Institutional investors own 22.85% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

SHY opened at $81.75 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.48 and a twelve month high of $83.53. The company has a 50-day simple moving average of $82.11 and a 200 day simple moving average of $81.71.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 5th. Investors of record on Tuesday, May 2nd were given a dividend of $0.191 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Monday, May 1st. This represents a $2.29 annualized dividend and a yield of 2.80%.

iShares 1-3 Year Treasury Bond ETF Profile

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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.