RFG Advisory LLC Raises Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

RFG Advisory LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,980 shares of the company’s stock after acquiring an additional 1,879 shares during the period. RFG Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,861,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SHY. UBS Group AG raised its position in iShares 1-3 Year Treasury Bond ETF by 2.9% in the 4th quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after purchasing an additional 177,582 shares during the period. Cornell University purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $35,212,000. Pinebridge Investments L.P. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% in the 4th quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after acquiring an additional 280,000 shares during the last quarter. Raymond James & Associates boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.5% during the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after acquiring an additional 67,091 shares during the period. Finally, Cerity Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 43.6% during the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after acquiring an additional 744,074 shares during the period. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.64 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39. The business’s 50 day simple moving average is $81.35 and its two-hundred day simple moving average is $81.63. The stock has a market capitalization of $24.52 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.2621 dividend. This represents a $3.15 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Monday, June 3rd.

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.