iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by MAI Capital Management

MAI Capital Management grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 121,170 shares of the company’s stock after purchasing an additional 21,488 shares during the quarter. MAI Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,052,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Brighton Jones LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $317,000. Transcend Capital Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.1% in the second quarter. Transcend Capital Advisors LLC now owns 4,048 shares of the company’s stock worth $335,000 after acquiring an additional 196 shares during the last quarter. Rossby Financial LCC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 15.5% in the second quarter. Rossby Financial LCC now owns 4,092 shares of the company’s stock worth $339,000 after acquiring an additional 549 shares during the last quarter. Howard Capital Management Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 29.4% in the second quarter. Howard Capital Management Inc. now owns 23,275 shares of the company’s stock valued at $1,929,000 after purchasing an additional 5,290 shares during the period. Finally, Zhang Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 3.7% during the second quarter. Zhang Financial LLC now owns 11,575 shares of the company’s stock worth $959,000 after purchasing an additional 409 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $83.04 on Thursday. The company has a market cap of $24.27 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day moving average is $82.87 and its two-hundred day moving average is $82.88. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.