Checchi Capital Advisers LLC Purchases 4,179 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Checchi Capital Advisers LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,853 shares of the company’s stock after purchasing an additional 4,179 shares during the period. Checchi Capital Advisers LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,809,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Asset Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after buying an additional 1,938 shares in the last quarter. Pinnacle Financial Partners Inc increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% in the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after acquiring an additional 22,721 shares during the period. Zhang Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,859 shares in the last quarter. Purus Wealth Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after purchasing an additional 530 shares during the last quarter. Finally, Zacks Investment Management grew its stake in iShares 1-3 Year Treasury Bond ETF by 2.8% in the third quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock valued at $29,862,000 after purchasing an additional 9,784 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.41 on Wednesday. The company has a 50-day simple moving average of $82.02 and a two-hundred day simple moving average of $82.34. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company has a market capitalization of $23.22 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.