Dover Advisors LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Dover Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,287 shares of the company’s stock, valued at approximately $1,171,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Captrust Financial Advisors increased its holdings in 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 worth $703,935,000 after buying an additional 3,563,486 shares during the last quarter. LPL Financial LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 21.8% in the third 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 increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares in the last quarter. Finally, Mizuho Markets Americas LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $44,917,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ:SHY opened at $82.24 on Monday. 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 has a 1 year low of $80.91 and a 1 year high of $83.30. The firm has a fifty day moving average price of $82.01 and a 200 day moving average price of $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.