3,111 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 3,111 shares of the company’s stock, valued at approximately $255,000.

Other institutional investors have also recently made changes to their positions in the company. Center For Asset Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after acquiring an additional 147 shares during the period. Acorn Wealth Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after acquiring an additional 152 shares during the last quarter. Rehmann Capital Advisory Group boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after purchasing an additional 152 shares during the period. Finally, D.A. Davidson & CO. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock worth $818,000 after purchasing an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.03 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock’s 50-day moving average is $82.01 and its 200 day moving average is $82.36. The company has a market cap of $23.12 billion, a PE ratio of 3,695.45 and a beta of 0.01.

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 paid a dividend of $0.2735 per share. The ex-dividend date 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.