iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Increased by Fisher Asset Management LLC

Fisher Asset Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 153,331 shares of the company’s stock after purchasing an additional 16,954 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,579,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Wilbanks Smith & Thomas Asset Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 11.8% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 51,423 shares of the company’s stock valued at $4,219,000 after acquiring an additional 5,423 shares in the last quarter. Fortitude Advisory Group L.L.C. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $248,000. Searle & CO. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $943,000. Y.D. More Investments Ltd increased its stake in iShares 1-3 Year Treasury Bond ETF by 23.4% in the 4th quarter. Y.D. More Investments Ltd now owns 1,728 shares of the company’s stock valued at $142,000 after buying an additional 328 shares during the period. Finally, Win Advisors Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $10,662,000. 23.62% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ:SHY opened at $81.30 on Monday. The firm has a fifty day moving average of $81.46 and a two-hundred day moving average of $81.58. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.60. The firm has a market capitalization of $24.54 billion, a P/E ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a $0.2616 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

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.