iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Hobbs Group Advisors LLC

Hobbs Group Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,916 shares of the company’s stock after acquiring an additional 136 shares during the period. Hobbs Group Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $813,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. JPMorgan Chase & Co. raised its position in iShares 1-3 Year Treasury Bond ETF by 47.8% during the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after acquiring an additional 3,731,847 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares during the period. Proficio Capital Partners LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after purchasing an additional 8,173,293 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $389,029,000. Finally, Assetmark Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 94.0% during the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after buying an additional 1,975,432 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.67 on Friday. The company has a fifty day moving average of $82.28 and a two-hundred day moving average of $82.31. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The stock has a market capitalization of $23.30 billion, a price-to-earnings 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. Investors of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 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.