World Investment Advisors Buys 6,224 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

World Investment Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 100,127 shares of the company’s stock after acquiring an additional 6,224 shares during the period. World Investment Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,208,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. HighTower Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 14.4% during the third quarter. HighTower Advisors LLC now owns 896,824 shares of the company’s stock worth $74,525,000 after buying an additional 113,220 shares in the last quarter. IHT Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 85.7% during the 3rd quarter. IHT Wealth Management LLC now owns 52,088 shares of the company’s stock valued at $4,327,000 after purchasing an additional 24,045 shares in the last quarter. Quadrature Capital Ltd increased its holdings in iShares 1-3 Year Treasury Bond ETF by 464.3% during the 3rd quarter. Quadrature Capital Ltd now owns 248,558 shares of the company’s stock valued at $20,669,000 after purchasing an additional 204,514 shares in the last quarter. WESCAP Management Group Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 52.8% in the 3rd quarter. WESCAP Management Group Inc. now owns 19,740 shares of the company’s stock valued at $1,641,000 after purchasing an additional 6,821 shares during the last quarter. Finally, Voya Financial Advisors Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 38.0% in the third quarter. Voya Financial Advisors Inc. now owns 26,768 shares of the company’s stock worth $2,229,000 after purchasing an additional 7,373 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.42 on Thursday. The business has a fifty day moving average of $82.31 and a 200-day moving average of $82.29. The firm has a market cap of $22.77 billion, a PE ratio of 3,745.00 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 Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.2798 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.07%.

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.