Values First Advisors Inc. Purchases 12,332 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Values First Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 58.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,484 shares of the company’s stock after acquiring an additional 12,332 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 1.7% of Values First Advisors Inc.’s investment portfolio, making the stock its 7th biggest position. Values First Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,747,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% in the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after purchasing an additional 6,751,373 shares in the last quarter. Morgan Stanley grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 16.9% during the 4th quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after buying an additional 2,893,771 shares during the last quarter. Barclays PLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 114.2% during the 2nd quarter. Barclays PLC now owns 5,038,466 shares of the company’s stock valued at $408,519,000 after buying an additional 2,685,922 shares during the last quarter. BlackRock Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% during the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock valued at $893,706,000 after buying an additional 1,858,137 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after buying an additional 939,567 shares during the last quarter. Institutional investors and hedge funds own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded down $0.05 during trading on Friday, reaching $81.78. 5,696,938 shares of the company’s stock traded hands, compared to its average volume of 4,726,192. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.61. The company has a 50 day moving average of $81.79 and a 200-day moving average of $81.50.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a $0.2405 dividend. This represents a $2.89 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend was Friday, March 1st.

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.