James Investment Research Inc. Reduces Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

James Investment Research Inc. lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 129,659 shares of the company’s stock after selling 197 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.3% of James Investment Research Inc.’s portfolio, making the stock its 19th largest position. James Investment Research Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,629,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Captrust Financial Advisors boosted its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares during the period. LPL Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. Barclays PLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after purchasing an additional 1,123,670 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the period. Finally, Mizuho Markets Americas LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $44,917,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY opened at $82.10 on Friday. The stock has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a fifty day simple moving average of $82.01 and a 200-day simple moving average of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF Company 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.