Argent Advisors Inc. Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Argent Advisors Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 141,815 shares of the company’s stock after purchasing an additional 2,740 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 4.3% of Argent Advisors Inc.’s portfolio, making the stock its 4th biggest holding. Argent Advisors Inc. owned 0.05% of iShares 1-3 Year Treasury Bond ETF worth $11,626,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SHY. Golden State Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $30,000. Van ECK Associates Corp increased its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the period. Roxbury Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $36,000. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $37,000. Finally, Creative Capital Management Investments LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $45,000. 23.15% of the stock is currently owned by institutional investors.

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

Shares of SHY opened at $82.39 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The firm has a market capitalization of $23.22 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01. The stock’s 50-day moving average price is $82.18 and its 200 day moving average price is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.