766,834 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Acquired by Atwood & Palmer Inc.

Atwood & Palmer Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 766,834 shares of the company’s stock, valued at approximately $62,267,000. iShares 1-3 Year Treasury Bond ETF makes up about 3.3% of Atwood & Palmer Inc.’s holdings, making the stock its 5th largest holding. Atwood & Palmer Inc. owned about 0.24% of iShares 1-3 Year Treasury Bond ETF as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares during the period. The Manufacturers Life Insurance Company lifted its stake in iShares 1-3 Year Treasury Bond ETF by 225.0% during the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after buying an additional 2,454,485 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after buying an additional 1,002,453 shares during the period. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after acquiring an additional 940,434 shares in the last quarter. Finally, CX Institutional increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 118.8% in the second quarter. CX Institutional now owns 894,736 shares of the company’s stock worth $73,467,000 after acquiring an additional 485,882 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock traded up $0.04 during midday trading on Thursday, reaching $81.20. The stock had a trading volume of 4,077,702 shares, compared to its average volume of 4,284,828. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The firm has a market cap of $26.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $81.62 and its two-hundred day simple moving average is $81.97.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2410 dividend. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.