iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.5% during the third quarter, HoldingsChannel reports. The firm owned 513,367 shares of the company’s stock after buying an additional 44,497 shares during the period. Farther Finance Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $41,685,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Atwood & Palmer Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $62,267,000. Titleist Asset Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 74.3% in the third quarter. Titleist Asset Management LLC now owns 21,017 shares of the company’s stock worth $1,707,000 after acquiring an additional 8,959 shares in the last quarter. Apella Capital LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% in the 3rd quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock valued at $12,393,000 after purchasing an additional 116,984 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $569,000. Finally, Tactive Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 94.6% during the third quarter. Tactive Advisors LLC now owns 38,348 shares of the company’s stock worth $3,114,000 after purchasing an additional 18,645 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

NASDAQ SHY traded up $0.04 on Thursday, hitting $81.20. 4,077,702 shares of the stock traded hands, compared to its average volume of 4,284,828. The stock has a 50-day moving average of $81.62 and a 200 day moving average of $81.97. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The company has a market capitalization of $26.36 billion, a P/E 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 Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.2410 dividend. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%.

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.