Loomis Sayles & Co. L P Makes New $217,000 Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Loomis Sayles & Co. L P purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 2,653 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after buying an additional 8,173,293 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $389,029,000. JPMorgan Chase & Co. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after acquiring an additional 3,731,847 shares in the last quarter. Essential Planning LLC. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% in the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock valued at $201,794,000 after acquiring an additional 2,405,880 shares during the period. Finally, Assetmark Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% in the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after acquiring an additional 1,975,432 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.67 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a market cap of $23.30 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. The company has a fifty day moving average price of $82.28 and a 200 day moving average price of $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 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.