Diversify Advisory Services LLC Invests $1.29 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Diversify Advisory Services LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,819 shares of the company’s stock, valued at approximately $1,287,000.

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

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of SHY stock traded up $0.15 during trading hours on Friday, reaching $81.65. 2,171,870 shares of the company’s stock were exchanged, compared to its average volume of 3,966,341. 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. The stock has a market capitalization of $24.02 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average price of $81.42 and a 200-day moving average price of $81.62.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a dividend of $0.2704 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.24 annualized dividend and a dividend yield of 3.97%.

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.