iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by JARISLOWSKY FRASER Ltd

JARISLOWSKY FRASER Ltd raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 66.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 41,528 shares of the company’s stock after purchasing an additional 16,647 shares during the period. JARISLOWSKY FRASER Ltd’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,445,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SHY. Live Oak Private Wealth LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% in the second quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock valued at $548,000 after purchasing an additional 123 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. Stolper Co boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the 2nd quarter. Stolper Co now owns 8,250 shares of the company’s stock valued at $684,000 after buying an additional 132 shares during the last quarter. Invesco Ltd. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% during the first quarter. Invesco Ltd. now owns 6,996 shares of the company’s stock worth $579,000 after buying an additional 133 shares in the last quarter. Finally, TruWealth Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.2% during the third quarter. TruWealth Advisors LLC now owns 2,707 shares of the company’s stock worth $225,000 after buying an additional 134 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.86 on Friday. The stock has a market capitalization of $23.74 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average price is $82.87 and its 200 day moving average price is $82.79. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.81 and a 12-month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.2548 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, December 19th.

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.