iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 90.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,248 shares of the company’s stock after acquiring an additional 80,977 shares during the period. DAVENPORT & Co LLC owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $13,957,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Millennium Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 24.8% in the 2nd quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock valued at $5,182,000 after purchasing an additional 12,625 shares during the last quarter. New Capital Management LP boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.9% during the 3rd quarter. New Capital Management LP now owns 36,127 shares of the company’s stock worth $3,004,000 after acquiring an additional 319 shares in the last quarter. LifeGuide Financial Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.1% during the 3rd quarter. LifeGuide Financial Advisors LLC now owns 24,820 shares of the company’s stock worth $2,064,000 after acquiring an additional 976 shares in the last quarter. Atwood & Palmer Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.9% in the third quarter. Atwood & Palmer Inc. now owns 506,319 shares of the company’s stock valued at $42,100,000 after purchasing an additional 18,825 shares in the last quarter. Finally, Axiom Advisory LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 12,800 shares of the company’s stock valued at $1,056,000 after purchasing an additional 200 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ:SHY opened at $82.29 on Monday. The firm has a 50 day simple moving average of $82.04 and a 200-day simple moving average of $82.36. The company has a market capitalization of $23.21 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.09%.

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.