Orion Portfolio Solutions LLC Acquires 8,588 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Orion Portfolio Solutions LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.5% in the 4th quarter, HoldingsChannel reports. The firm owned 252,172 shares of the company’s stock after buying an additional 8,588 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $20,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blair William & Co. IL increased its holdings in iShares 1-3 Year Treasury Bond ETF by 3.5% in the 4th quarter. Blair William & Co. IL now owns 59,988 shares of the company’s stock valued at $4,918,000 after buying an additional 2,046 shares during the period. Loomis Sayles & Co. L P bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $217,000. AssuredPartners Investment Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $223,000. Moment Partners LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $22,279,000. Finally, JPMorgan Chase & Co. grew its position 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 acquiring an additional 3,731,847 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

SHY opened at $82.52 on Friday. The company’s 50 day moving average is $82.27 and its 200-day moving average is $82.31. The company has a market cap of $23.25 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 firm also recently disclosed 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 was Monday, March 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.