Advanced Asset Management Advisors Inc Has $708,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Advanced Asset Management Advisors Inc grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,627 shares of the company’s stock after acquiring an additional 128 shares during the period. Advanced Asset Management Advisors Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $708,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Assetmark Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 601.3% in the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after purchasing an additional 6,751,373 shares during the last quarter. Cornell University bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $35,212,000. International Assets Investment Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $119,012,000. Charles Schwab Investment Management Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 20.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after acquiring an additional 939,567 shares during the period. Finally, Cerity Partners LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% in the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after purchasing an additional 744,074 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

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

Shares of NASDAQ SHY traded down $0.06 during mid-day trading on Thursday, reaching $81.19. 4,224,062 shares of the company were exchanged, compared to its average volume of 4,557,252. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.55 and a twelve month high of $82.60. The stock has a market capitalization of $24.57 billion, a P/E ratio of 3,690.68 and a beta of 0.01. The company’s 50-day simple moving average is $81.53 and its 200-day simple moving average is $81.56.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.2705 dividend. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.