iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Lokken Investment Group LLC

Lokken Investment Group LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 34.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,808 shares of the company’s stock after purchasing an additional 1,757 shares during the quarter. Lokken Investment Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $558,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after buying an additional 8,173,293 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $389,029,000. JPMorgan Chase & Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 47.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after purchasing an additional 3,731,847 shares during the period. Essential Planning LLC. grew its stake in iShares 1-3 Year Treasury Bond ETF by 4,992.9% during the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock worth $201,794,000 after purchasing an additional 2,405,880 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 94.0% during the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after purchasing an additional 1,975,432 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.73 on Tuesday. The business’s 50-day moving average is $82.29 and its two-hundred day moving average is $82.29. The firm has a market capitalization of $23.31 billion, a P/E ratio of 3,745.00 and a beta of 0.01. 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 announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.