Anchor Capital Advisors LLC Has $34.86 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Anchor Capital Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.4% during the 4th quarter, Holdings Channel reports. The firm owned 425,266 shares of the company’s stock after acquiring an additional 1,836 shares during the period. Anchor Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $34,863,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Center For Asset Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after buying an additional 145 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after acquiring an additional 147 shares during the period. Acorn Wealth Advisors LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after purchasing an additional 152 shares during the period. Finally, D.A. Davidson & CO. increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.47 on Friday. The firm’s fifty day moving average is $82.04 and its two-hundred day moving average is $82.34. The firm has a market cap of $23.24 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.