Peapack Gladstone Financial Corp Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Peapack Gladstone Financial Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 276,067 shares of the company’s stock after buying an additional 9,748 shares during the period. Peapack Gladstone Financial Corp owned 0.10% of iShares 1-3 Year Treasury Bond ETF worth $22,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Miracle Mile Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 67.5% in the 2nd quarter. Miracle Mile Advisors LLC now owns 4,801 shares of the company’s stock valued at $392,000 after purchasing an additional 1,935 shares during the last quarter. Stanley Laman Group Ltd. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $275,000. Rovin Capital UT ADV purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $2,605,000. Gradient Investments LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1,316.2% during the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after acquiring an additional 895 shares during the last quarter. Finally, Well Done LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 41.8% during the 2nd quarter. Well Done LLC now owns 60,964 shares of the company’s stock valued at $4,978,000 after acquiring an additional 17,962 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 Down 0.0 %

SHY opened at $82.13 on Friday. The business has a 50 day moving average price of $82.25 and a two-hundred day moving average price of $82.24. The company has a market cap of $22.18 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced 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.

iShares 1-3 Year Treasury Bond ETF Company 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.