160,942 Shares of iShares 1-3 Year Treasury Bond ETF $SHY Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the third quarter, Holdings Channel reports. The fund acquired 160,942 shares of the company’s stock, valued at approximately $13,064,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after buying an additional 3,451,890 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after buying an additional 2,454,485 shares during the last quarter. Edge Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 286.0% in the 3rd quarter. Edge Wealth Management LLC now owns 1,518,562 shares of the company’s stock worth $123,284,000 after buying an additional 1,125,105 shares during the last quarter. Assetmark Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% in the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after buying an additional 1,002,453 shares during the last quarter. Finally, Atwood & Palmer Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $62,267,000. 23.15% of the stock is owned by institutional investors.

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

SHY stock opened at $81.29 on Friday. The firm has a market cap of $26.91 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average of $81.54 and a 200-day moving average of $81.92. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.2410 per share. This represents a $2.89 dividend on an annualized basis and a yield of 3.6%. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date was Thursday, October 1st.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

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