Northwest Investment Counselors LLC Acquires New Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Northwest Investment Counselors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,128 shares of the company’s stock, valued at approximately $92,000.

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

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $81.65 on Tuesday. The company has a market cap of $24.53 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day simple moving average of $81.36 and a two-hundred day simple moving average of $81.63. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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

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.