iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 96,653 shares of the company’s stock after purchasing an additional 7,799 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 3.4% of Morris Financial Concepts Inc.’s holdings, making the stock its 6th biggest holding. Morris Financial Concepts Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,924,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TFC Financial Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.8% in the 4th quarter. TFC Financial Management Inc. now owns 861,377 shares of the company’s stock valued at $70,616,000 after purchasing an additional 39,456 shares during the last quarter. Stanley Laman Group Ltd. raised its stake in iShares 1-3 Year Treasury Bond ETF by 26.5% during the 4th quarter. Stanley Laman Group Ltd. now owns 4,252 shares of the company’s stock valued at $349,000 after acquiring an additional 891 shares during the last quarter. Van ECK Associates Corp raised its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the last quarter. Values First Advisors Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 53.2% during the 4th quarter. Values First Advisors Inc. now owns 80,799 shares of the company’s stock valued at $6,624,000 after acquiring an additional 28,060 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 43.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 204,711 shares of the company’s stock valued at $16,782,000 after acquiring an additional 62,471 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 Down 0.1 %

SHY opened at $81.88 on Thursday. The business has a 50 day moving average price of $82.02 and a two-hundred day moving average price of $82.36. The company has a market cap of $23.07 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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