Mirae Asset Global Investments Co. Ltd. Purchases 10,740 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.1% during the fourth quarter, Holdings Channel reports. The firm owned 129,194 shares of the company’s stock after acquiring an additional 10,740 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,585,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SHY. Millennium Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 24.8% during the second quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock valued at $5,182,000 after purchasing an additional 12,625 shares in the last quarter. Brookstone Capital Management lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 9.7% during the third quarter. Brookstone Capital Management now owns 142,909 shares of the company’s stock valued at $11,883,000 after purchasing an additional 12,609 shares in the last quarter. Daymark Wealth Partners LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% during the third quarter. Daymark Wealth Partners LLC now owns 5,672 shares of the company’s stock valued at $472,000 after purchasing an additional 211 shares in the last quarter. CWM LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.4% during the third quarter. CWM LLC now owns 116,924 shares of the company’s stock valued at $9,722,000 after purchasing an additional 17,349 shares in the last quarter. Finally, Patten Group Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 5.2% during the third quarter. Patten Group Inc. now owns 18,040 shares of the company’s stock worth $1,500,000 after buying an additional 896 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a 50-day simple moving average of $82.03 and a 200 day simple moving average of $82.36. The company has a market capitalization of $23.12 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2735 per share. The ex-dividend date 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.