iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Stephens Group Asset Management LLC

Stephens Group Asset Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) by 19.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,676 shares of the company’s stock after acquiring an additional 604 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 0.0% of Stephens Group Asset Management LLC’s investment portfolio, making the stock its 24th largest position. Stephens Group Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $298,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in SHY. American National Bank grew its position in iShares 1-3 Year Treasury Bond ETF by 1,162.5% in the 3rd quarter. American National Bank now owns 303 shares of the company’s stock valued at $25,000 after acquiring an additional 279 shares in the last quarter. Lowe Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $28,000. Salem Investment Counselors Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 316.7% in the third quarter. Salem Investment Counselors Inc. now owns 425 shares of the company’s stock valued at $35,000 after purchasing an additional 323 shares in the last quarter. Global Wealth Management Investment Advisory Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $35,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $54,000. Hedge funds and other institutional investors own 22.85% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.27 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.48 and a 52 week high of $83.87. The firm has a 50 day moving average of $81.39 and a two-hundred day moving average of $81.33.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were issued a $0.162 dividend. The ex-dividend date of this dividend was Wednesday, March 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.15. This represents a $1.94 dividend on an annualized basis and a yield of 2.36%.

iShares 1-3 Year Treasury Bond ETF Company Profile

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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.