Orion Portfolio Solutions LLC Has $20.25 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Orion Portfolio Solutions LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 243,584 shares of the company’s stock after purchasing an additional 2,262 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $20,254,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SHY. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. LPL Financial LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. Bank of Montreal Can increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after purchasing an additional 41,969 shares in the last quarter. Raymond James & Associates raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock valued at $246,738,000 after purchasing an additional 250,959 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock valued at $135,391,000 after purchasing an additional 83,881 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.23 on Friday. The stock has a market capitalization of $22.21 billion, a P/E ratio of 3,695.45 and a beta of 0.01. 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 business has a 50-day moving average of $82.33 and a 200-day moving average of $82.21.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were given a dividend of $0.2653 per share. The ex-dividend date was Monday, December 2nd.

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.