iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 58.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 257,170 shares of the company’s stock after purchasing an additional 94,534 shares during the period. Mercer Global Advisors Inc. ADV owned about 0.09% of iShares 1-3 Year Treasury Bond ETF worth $20,998,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SWP Financial LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $338,000. Guidance Capital Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after buying an additional 359 shares during the period. Gradient Investments LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock worth $79,000 after acquiring an additional 895 shares in the last quarter. Ndwm LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $1,371,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after acquiring an additional 6,493 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $83.11 on Thursday. The business has a fifty day moving average price of $82.53 and a 200 day moving average price of $81.83. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.62 and a 12 month high of $83.24. The stock has a market capitalization of $24.65 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 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.