Betterment LLC Boosts Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Betterment LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83,325 shares of the company’s stock after purchasing an additional 10,451 shares during the period. Betterment LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,913,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Acorns Advisers LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 6.7% during the third quarter. Acorns Advisers LLC now owns 191,870 shares of the company’s stock valued at $15,917,000 after purchasing an additional 12,040 shares in the last quarter. Sei Investments Co. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $261,000. Hobbs Group Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.4% in the 3rd quarter. Hobbs Group Advisors LLC now owns 14,713 shares of the company’s stock valued at $1,221,000 after purchasing an additional 1,265 shares during the last quarter. Financial Life Planners bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $85,000. Finally, Franklin Resources Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.7% in the third quarter. Franklin Resources Inc. now owns 48,504 shares of the company’s stock worth $4,024,000 after buying an additional 830 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

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

SHY stock opened at $82.50 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The stock has a market capitalization of $24.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $82.87 and its two-hundred day simple moving average is $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.