First Horizon Advisors Inc. Grows Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

First Horizon Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 76.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,292 shares of the company’s stock after buying an additional 29,665 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,599,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. Parcion Private Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $493,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 118,454 shares of the company’s stock worth $9,864,000 after purchasing an additional 20,154 shares during the last quarter. PFG Investments LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the 3rd quarter. PFG Investments LLC now owns 18,624 shares of the company’s stock worth $1,549,000 after purchasing an additional 295 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 366,779 shares of the company’s stock valued at $30,498,000 after purchasing an additional 1,114 shares in the last quarter. Finally, GHP Investment Advisors Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 359.2% during the third quarter. GHP Investment Advisors Inc. now owns 1,171 shares of the company’s stock worth $97,000 after purchasing an additional 916 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.24 on Monday. The business has a 50-day moving average price of $82.01 and a 200 day moving average price of $82.34. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm has a market cap of $23.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued 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 was Monday, February 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.