Advisory Services Network LLC Has $22.89 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Advisory Services Network LLC boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 279,043 shares of the company’s stock after acquiring an additional 23,747 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 0.6% of Advisory Services Network LLC’s portfolio, making the stock its 20th largest position. Advisory Services Network LLC owned 0.09% of iShares 1-3 Year Treasury Bond ETF worth $22,893,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Balentine LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.5% during the 3rd quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock worth $748,328,000 after acquiring an additional 136,230 shares during the period. UBS Group AG increased its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after purchasing an additional 177,582 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after buying an additional 939,567 shares during the period. Cornell University bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $35,212,000. Finally, Raymond James & Associates grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock worth $229,134,000 after buying an additional 67,091 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

Shares of NASDAQ:SHY traded up $0.03 during mid-day trading on Friday, reaching $81.37. The stock had a trading volume of 3,040,913 shares, compared to its average volume of 4,285,476. The firm has a market cap of $24.44 billion, a PE ratio of 3,695.45 and a beta of 0.01. The firm has a 50 day simple moving average of $81.38 and a two-hundred day simple moving average of $81.61. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.55 and a twelve month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.2616 per share. The ex-dividend date was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.86%.

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.