iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,641,353 shares of the company’s stock after purchasing an additional 442,092 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 0.6% of Cambridge Investment Research Advisors Inc.’s holdings, making the stock its 19th biggest holding. Cambridge Investment Research Advisors Inc. owned approximately 0.50% of iShares 1-3 Year Treasury Bond ETF worth $133,081,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Morgan Stanley increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 16.9% during the fourth quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after acquiring an additional 2,893,771 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.8% during the fourth quarter. Bank of America Corp DE now owns 18,035,075 shares of the company’s stock valued at $1,463,907,000 after acquiring an additional 3,104,639 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the first quarter. JPMorgan Chase & Co. now owns 15,465,562 shares of the company’s stock valued at $1,270,651,000 after purchasing an additional 209,870 shares during the period. BlackRock Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% in the first quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock valued at $893,706,000 after purchasing an additional 1,858,137 shares during the period. Finally, Balentine LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 15.3% in the first quarter. Balentine LLC now owns 9,055,519 shares of the company’s stock valued at $744,001,000 after purchasing an additional 1,198,518 shares during the period. 18.38% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY traded down $0.02 during midday trading on Tuesday, hitting $80.87. The company’s stock had a trading volume of 1,118,529 shares, compared to its average volume of 5,276,107. The business’s fifty day simple moving average is $81.02 and its two-hundred day simple moving average is $81.51. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.48 and a 1 year high of $82.74.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were paid a $0.2058 dividend. This represents a $2.47 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, September 1st.

About iShares 1-3 Year Treasury Bond ETF

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.