Farther Finance Advisors LLC Purchases 80,664 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Farther Finance Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 33.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 318,955 shares of the company’s stock after purchasing an additional 80,664 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.11% of iShares 1-3 Year Treasury Bond ETF worth $26,416,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Guidance Capital Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 170.0% in the fourth quarter. Guidance Capital Inc. now owns 19,532 shares of the company’s stock worth $1,617,000 after purchasing an additional 12,298 shares during the period. Investment Advisory Group LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the fourth quarter. Investment Advisory Group LLC now owns 37,497 shares of the company’s stock worth $3,106,000 after purchasing an additional 1,610 shares during the period. Freestone Capital Holdings LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $313,000. Tyche Wealth Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 80.0% in the fourth quarter. Tyche Wealth Partners LLC now owns 5,532 shares of the company’s stock worth $458,000 after purchasing an additional 2,458 shares during the period. Finally, Assetmark Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 8.3% during the fourth quarter. Assetmark Inc. now owns 2,173,227 shares of the company’s stock worth $179,987,000 after acquiring an additional 165,633 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

Shares of SHY stock opened at $82.53 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.21 and a 1 year high of $83.20. The firm’s fifty day simple moving average is $82.68 and its 200 day simple moving average is $82.81. The firm has a market capitalization of $25.49 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.2469 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, April 1st.

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.