Patten & Patten Inc. TN Has $3.28 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Patten & Patten Inc. TN increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,038 shares of the company’s stock after purchasing an additional 5,279 shares during the period. Patten & Patten Inc. TN’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,282,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake 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 valued at $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. Proficio Capital Partners LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after buying an additional 8,173,293 shares during the period. LPL Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after buying an additional 1,193,337 shares in the last quarter. Bank of Montreal Can raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after buying an additional 41,969 shares during the period. Finally, Raymond James Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $389,029,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.42 on Friday. The stock has a market capitalization of $23.23 billion, a PE ratio of 3,755.45 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. The stock has a 50 day moving average price of $82.17 and a two-hundred day moving average price of $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 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.