Crescent Grove Advisors LLC Acquires 7,915 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Crescent Grove Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,409 shares of the company’s stock after acquiring an additional 7,915 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,778,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. WestEnd Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $30,000. Financial Connections Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $31,000. Rational Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $67,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $68,000. Finally, Creative Financial Designs Inc. ADV boosted its position in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.09 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The firm’s 50-day moving average price is $82.74 and its two-hundred day moving average price is $82.10. The stock has a market capitalization of $22.17 billion, a price-to-earnings 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 monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a dividend of $0.2831 per share. The ex-dividend date is Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%.

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.