Jones Financial Companies Lllp Acquires 31,439 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Jones Financial Companies Lllp increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 72.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 74,915 shares of the company’s stock after purchasing an additional 31,439 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,142,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Captrust Financial Advisors increased its position 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. Proficio Capital Partners LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after acquiring an additional 8,173,293 shares during the period. LPL Financial LLC grew its stake in shares of 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 acquiring an additional 1,193,337 shares during the period. Bank of Montreal Can increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after acquiring an additional 41,969 shares in the last quarter. Finally, Barclays PLC raised its stake in 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 worth $229,417,000 after acquiring an additional 1,123,670 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.42 on Tuesday. The company has a market capitalization of $23.02 billion, a P/E ratio of 3,755.45 and a beta of 0.03. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The firm’s 50 day simple moving average is $82.08 and its two-hundred day simple moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2531 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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.