Savant Capital LLC Cuts Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Savant Capital LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,778 shares of the company’s stock after selling 4,639 shares during the quarter. Savant Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $638,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SHY. Captrust Financial Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. LPL Financial LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares in the last quarter. Barclays PLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in iShares 1-3 Year Treasury Bond ETF by 179.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after acquiring an additional 546,239 shares in the last quarter. Finally, Mizuho Markets Americas LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $44,917,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.10 on Friday. The firm has a 50-day moving average price of $82.01 and a two-hundred day moving average price of $82.36. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a market capitalization of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.