iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Klaas Financial Asset Advisors LLC

Klaas Financial Asset Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 228,100 shares of the company’s stock after purchasing an additional 5,969 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 3.3% of Klaas Financial Asset Advisors LLC’s holdings, making the stock its 9th biggest holding. Klaas Financial Asset Advisors LLC owned about 0.08% of iShares 1-3 Year Treasury Bond ETF worth $18,700,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Captrust Financial Advisors boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after buying an additional 3,563,486 shares during the period. LPL Financial LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after acquiring an additional 1,193,337 shares in the last quarter. Barclays PLC raised its holdings in shares of 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 valued at $229,417,000 after purchasing an additional 1,123,670 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after purchasing an additional 546,239 shares in the last quarter. Finally, Mizuho Markets Americas LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $44,917,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.14 on Monday. The business has a 50-day moving average of $82.02 and a 200-day moving average of $82.34. The stock has a market capitalization of $23.02 billion, a price-to-earnings 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 monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.