Stonebridge Financial Group LLC Takes $1.99 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stonebridge Financial Group LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 24,295 shares of the company’s stock, valued at approximately $1,992,000.

Several other large investors also recently bought and sold shares of the stock. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after buying an additional 3,563,486 shares during the last quarter. LPL Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the last quarter. Bank of Montreal Can raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after purchasing an additional 41,969 shares during the last quarter. Barclays PLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares during the period. Finally, Stephens Inc. AR boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after buying an additional 8,531 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 Trading Up 0.0 %

Shares of NASDAQ:SHY opened at $82.01 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a market cap of $23.11 billion, a PE ratio of 3,695.45 and a beta of 0.01. The company’s 50 day moving average is $82.02 and its 200 day moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.