Private Portfolio Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) during the 2nd quarter, HoldingsChannel reports. The fund bought 4,123 shares of the company's stock, valued at approximately $341,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,785,539 shares of the company's stock worth $482,225,000 after purchasing an additional 272,443 shares during the last quarter. UBS Group AG boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.1% during the 1st quarter. UBS Group AG now owns 5,022,350 shares of the company's stock worth $418,613,000 after purchasing an additional 503,485 shares during the last quarter. Ritholtz Wealth Management raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2,169.5% during the 2nd quarter. Ritholtz Wealth Management now owns 4,514,598 shares of the company's stock valued at $373,764,000 after buying an additional 4,315,670 shares during the period. Pinebridge Investments L.P. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% during the 1st quarter. Pinebridge Investments L.P. now owns 4,143,000 shares of the company's stock valued at $345,319,000 after buying an additional 195,000 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 246.7% during the 1st quarter. Captrust Financial Advisors now owns 4,052,995 shares of the company's stock valued at $337,817,000 after buying an additional 2,883,806 shares during the period.
Get iShares 1-3 Year Treasury Bond ETF alerts:iShares 1-3 Year Treasury Bond ETF Stock Up 0.3 %
SHY stock opened at $80.94 on Friday. The firm's 50 day moving average price is $81.69 and its 200-day moving average price is $82.46. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.73 and a one year high of $86.00.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Friday, October 7th. Stockholders of record on Tuesday, October 4th were given a dividend of $0.108 per share. This represents a $1.30 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend was Monday, October 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF's previous monthly dividend of $0.10.See Also
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