iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 211,226 shares of the company’s stock after acquiring an additional 22,721 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $17,316,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SHY. Eastern Bank acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $209,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $68,000. Klaas Financial Asset Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% during the third quarter. Klaas Financial Asset Advisors LLC now owns 222,131 shares of the company’s stock worth $18,470,000 after purchasing an additional 4,152 shares during the last quarter. DT Investment Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 10.4% during the third quarter. DT Investment Partners LLC now owns 150,161 shares of the company’s stock worth $12,486,000 after purchasing an additional 14,186 shares during the last quarter. Finally, Values First Advisors Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 39.7% during the third quarter. Values First Advisors Inc. now owns 52,739 shares of the company’s stock worth $4,385,000 after purchasing an additional 14,978 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.24 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The business has a 50 day simple moving average of $82.00 and a 200-day simple moving average of $82.35. The stock has a market capitalization of $23.18 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2735 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 3rd.

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.