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

Fiduciary Group LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 521,842 shares of the company’s stock after buying an additional 9,792 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 5.0% of Fiduciary Group LLC’s investment portfolio, making the stock its largest position. Fiduciary Group LLC owned about 0.17% of iShares 1-3 Year Treasury Bond ETF worth $42,812,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SHY. DAVENPORT & Co LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.4% during the third quarter. DAVENPORT & Co LLC now owns 14,106 shares of the company’s stock valued at $1,142,000 after purchasing an additional 970 shares during the period. Hemington Wealth Management bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $218,000. Modus Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% during the third quarter. Modus Advisors LLC now owns 65,767 shares of the company’s stock valued at $5,325,000 after purchasing an additional 2,878 shares during the period. Golden State Equity Partners increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 64.9% during the third quarter. Golden State Equity Partners now owns 22,983 shares of the company’s stock valued at $1,861,000 after purchasing an additional 9,043 shares during the period. Finally, One Day In July LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 2.7% in the third quarter. One Day In July LLC now owns 48,046 shares of the company’s stock valued at $3,890,000 after acquiring an additional 1,256 shares during the period. 23.62% of the stock is currently owned by institutional investors.

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

NASDAQ:SHY traded up $0.02 during trading hours on Friday, reaching $81.21. The company had a trading volume of 3,071,548 shares, compared to its average volume of 4,538,988. The stock has a 50-day moving average of $81.51 and a two-hundred day moving average of $81.56. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.60. The firm has a market capitalization of $24.57 billion, a PE ratio of 3,690.68 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2705 dividend. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date was Monday, April 1st.

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.