3,840 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Acquired by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,840 shares of the company’s stock, valued at approximately $315,000.

Several other institutional investors and hedge funds have also modified their holdings of SHY. Cooper Financial Group boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.1% during the 4th quarter. Cooper Financial Group now owns 16,434 shares of the company’s stock worth $1,347,000 after acquiring an additional 2,276 shares in the last quarter. Ridgewood Investments LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 31.1% during the 4th quarter. Ridgewood Investments LLC now owns 3,267 shares of the company’s stock worth $268,000 after acquiring an additional 775 shares during the period. ORG Partners LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.7% during the 4th quarter. ORG Partners LLC now owns 37,703 shares of the company’s stock worth $3,091,000 after purchasing an additional 2,049 shares in the last quarter. Farmers Trust Co. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 133.4% in the fourth quarter. Farmers Trust Co. now owns 16,804 shares of the company’s stock valued at $1,378,000 after buying an additional 9,604 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $1,017,000. 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 SHY stock opened at $81.85 on Tuesday. The stock has a market cap of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.01 and a 200-day moving average of $82.32. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a yield of 4.11%. The ex-dividend date was Wednesday, December 18th.

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.