IFG Advisory LLC Increases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

IFG Advisory LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 45.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,913 shares of the company’s stock after buying an additional 4,980 shares during the period. IFG Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after purchasing an additional 6,751,373 shares in the last quarter. Morgan Stanley boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 16.9% in the fourth quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after acquiring an additional 2,893,771 shares during the period. Barclays PLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 114.2% during the second quarter. Barclays PLC now owns 5,038,466 shares of the company’s stock valued at $408,519,000 after acquiring an additional 2,685,922 shares in the last quarter. BlackRock Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% during the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock valued at $893,706,000 after purchasing an additional 1,858,137 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after purchasing an additional 939,567 shares during the period. Institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.83 on Thursday. The stock has a fifty day moving average of $81.80 and a 200 day moving average of $81.49. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.61.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a dividend of $0.2405 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $2.89 annualized dividend and a yield of 3.53%.

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.