Zacks Investment Management Has $29.86 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Zacks Investment Management lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.8% in the third quarter, Holdings Channel reports. The institutional investor owned 359,137 shares of the company’s stock after acquiring an additional 9,784 shares during the period. Zacks Investment Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $29,862,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of SHY. National Bank of Canada FI raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% in the 3rd quarter. National Bank of Canada FI now owns 66,944 shares of the company’s stock worth $5,566,000 after purchasing an additional 1,160 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 37.6% in the third quarter. EP Wealth Advisors LLC now owns 1,991 shares of the company’s stock valued at $166,000 after buying an additional 544 shares in the last quarter. Voya Financial Advisors Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 38.0% in the third quarter. Voya Financial Advisors Inc. now owns 26,768 shares of the company’s stock valued at $2,229,000 after buying an additional 7,373 shares in the last quarter. WESCAP Management Group Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 52.8% in the third quarter. WESCAP Management Group Inc. now owns 19,740 shares of the company’s stock valued at $1,641,000 after buying an additional 6,821 shares during the period. Finally, Quadrature Capital Ltd grew its position in iShares 1-3 Year Treasury Bond ETF by 464.3% during the third quarter. Quadrature Capital Ltd now owns 248,558 shares of the company’s stock worth $20,669,000 after buying an additional 204,514 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.23 on Friday. The business has a fifty day moving average price of $82.33 and a two-hundred day moving average price of $82.21. The stock has a market capitalization of $22.21 billion, a PE 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.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.