Transamerica Financial Advisors Inc. Acquires 46,629 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Transamerica Financial Advisors Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12,368.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,006 shares of the company’s stock after acquiring an additional 46,629 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,854,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Van ECK Associates Corp increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $32,000. Roxbury Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $36,000. Finally, Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of SHY stock opened at $82.67 on Friday. The business has a 50-day moving average price of $82.28 and a two-hundred day moving average price of $82.31. 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 cap of $23.30 billion, a P/E ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was 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.