Ameritas Advisory Services LLC Increases Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Ameritas Advisory Services LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 89.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,690 shares of the company’s stock after purchasing an additional 12,106 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,131,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $25,000. Key Financial Inc boosted its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $29,000. Finally, Howe & Rusling Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after purchasing an additional 361 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $83.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.03 and a 1 year high of $83.14. The company has a market cap of $24.28 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The stock’s fifty day moving average price is $82.84 and its 200-day moving average price is $82.86.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

About iShares 1-3 Year Treasury Bond ETF

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.