Alliancebernstein L.P. Purchases 16,742 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Alliancebernstein L.P. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.7% in the 4th quarter, Holdings Channel reports. The firm owned 370,715 shares of the company’s stock after buying an additional 16,742 shares during the quarter. Alliancebernstein L.P.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $30,391,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. AIA Group Ltd increased its stake in iShares 1-3 Year Treasury Bond ETF by 220.8% in the fourth quarter. AIA Group Ltd now owns 354,395 shares of the company’s stock worth $29,053,000 after purchasing an additional 243,915 shares during the period. Everstar Asset Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 12.2% in the fourth quarter. Everstar Asset Management LLC now owns 87,666 shares of the company’s stock worth $7,187,000 after purchasing an additional 9,560 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 209,549 shares of the company’s stock worth $17,179,000 after purchasing an additional 1,371 shares during the last quarter. Dorsey Wright & Associates purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $696,000. Finally, RWA Wealth Partners LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 3,608.8% during the 4th quarter. RWA Wealth Partners LLC now owns 131,439 shares of the company’s stock valued at $10,775,000 after buying an additional 127,895 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.68 on Monday. The stock has a market cap of $22.99 billion, a price-to-earnings ratio of 3,758.18 and a beta of 0.04. The firm has a 50-day moving average of $82.33 and a two-hundred day moving average of $82.28. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a $0.2798 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.36 annualized dividend and a yield of 4.06%.

iShares 1-3 Year Treasury Bond ETF Company 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.