Great Lakes Retirement Inc. Increases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Great Lakes Retirement Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 57,283 shares of the company’s stock after buying an additional 1,680 shares during the quarter. Great Lakes Retirement Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,696,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SHY. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares in the last quarter. LPL Financial LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares in the last quarter. Bank of Montreal Can lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after buying an additional 41,969 shares during the period. Barclays PLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares in the last quarter. Finally, Stephens Inc. AR increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock worth $111,226,000 after acquiring an additional 8,531 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.99 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company’s 50-day simple moving average is $82.02 and its 200 day simple moving average is $82.36. The firm has a market capitalization of $23.10 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.