Allworth Financial LP Purchases 1,779 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Allworth Financial LP grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,440 shares of the company’s stock after buying an additional 1,779 shares during the quarter. Allworth Financial LP’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $857,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Amarillo National Bank boosted its position in iShares 1-3 Year Treasury Bond ETF by 8.9% in the fourth quarter. Amarillo National Bank now owns 10,483 shares of the company’s stock worth $859,000 after purchasing an additional 861 shares during the last quarter. Principal Securities Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% during the 4th quarter. Principal Securities Inc. now owns 30,686 shares of the company’s stock worth $2,516,000 after purchasing an additional 1,139 shares during the period. Little House Capital LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 10.8% in the 4th quarter. Little House Capital LLC now owns 31,536 shares of the company’s stock worth $2,585,000 after buying an additional 3,083 shares during the last quarter. Palumbo Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 43.8% during the fourth quarter. Palumbo Wealth Management LLC now owns 10,536 shares of the company’s stock valued at $864,000 after buying an additional 3,207 shares during the period. Finally, Montag A & Associates Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 56.3% during the fourth quarter. Montag A & Associates Inc. now owns 184,124 shares of the company’s stock worth $15,094,000 after buying an additional 66,292 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.09 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm’s 50-day simple moving average is $82.00 and its two-hundred day simple moving average is $82.35. The firm has a market cap of $23.13 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2735 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.