Greenspring Advisors LLC Makes New $1.90 Million Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Greenspring Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 22,902 shares of the company’s stock, valued at approximately $1,900,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.3% of Greenspring Advisors LLC’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds have also modified their holdings of SHY. JARISLOWSKY FRASER Ltd grew its stake in iShares 1-3 Year Treasury Bond ETF by 66.9% in the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after purchasing an additional 16,647 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $1,734,000. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $75,000. Silver Oak Securities Incorporated boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 96.0% in the 2nd quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock valued at $12,686,000 after buying an additional 74,972 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 448.2% in the second quarter. Allworth Financial LP now owns 53,063 shares of the company’s stock valued at $4,397,000 after buying an additional 43,383 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

Shares of SHY opened at $82.86 on Monday. The company’s fifty day simple moving average is $82.87 and its 200 day simple moving average is $82.80. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.81 and a 1-year high of $83.14. The company has a market cap of $23.74 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.2548 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.