Migdal Insurance & Financial Holdings Ltd. Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Migdal Insurance & Financial Holdings Ltd. grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 28.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,357 shares of the company’s stock after acquiring an additional 973 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $357,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $37,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $63,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $68,000. Creative Financial Designs Inc. ADV grew its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $76,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

SHY stock opened at $81.97 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a market cap of $23.10 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s 50-day simple moving average is $82.03 and its 200-day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.