Zhang Financial LLC Purchases 1,859 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Zhang Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,701 shares of the company’s stock after acquiring an additional 1,859 shares during the quarter. Zhang Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,041,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Captrust Financial Advisors grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after acquiring an additional 3,563,486 shares during the period. LPL Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the period. Bank of Montreal Can grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after purchasing an additional 41,969 shares during the period. Barclays PLC increased its position in iShares 1-3 Year Treasury Bond ETF by 68.7% in the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after buying an additional 1,123,670 shares in the last quarter. Finally, Cerity Partners OCIO LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $129,075,000. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ:SHY opened at $82.08 on Monday. The stock has a 50 day moving average of $82.01 and a 200 day moving average of $82.33. The company has a market cap of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.