Patten & Patten Inc. TN Acquires 10,964 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Patten & Patten Inc. TN raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 23.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 56,940 shares of the company’s stock after acquiring an additional 10,964 shares during the period. Patten & Patten Inc. TN’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $25,000. Pflug Koory LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $29,000. Howe & Rusling Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares during the period. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $38,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.84 on Friday. The firm’s 50-day moving average is $82.86 and its 200-day moving average is $82.82. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.87 and a 52-week high of $83.14. The company has a market cap of $23.74 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.2548 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Friday, December 19th.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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