Savant Capital LLC Acquires 433 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Savant Capital LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,615 shares of the company’s stock after buying an additional 433 shares during the period. Savant Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SHY. Fortitude Family Office LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $45,000. Cedar Mountain Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $55,000. Financial Gravity Asset Management Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 771.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares during the period. Halpern Financial Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $62,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock worth $63,000 after acquiring an additional 173 shares during the period. 23.62% of the stock is owned by institutional investors.

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

Shares of SHY opened at $81.30 on Monday. The business’s 50 day moving average is $81.46 and its 200 day moving average is $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 company has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.2616 per share. This represents a $3.14 annualized dividend and a dividend yield of 3.86%. The ex-dividend date is Wednesday, May 1st.

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.