Modus Advisors LLC Purchases 502 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Modus Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,543 shares of the company’s stock after purchasing an additional 502 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.8% of Modus Advisors LLC’s holdings, making the stock its 22nd largest holding. Modus Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,701,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after acquiring an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $10,123,000. Eagle Asset Management Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after purchasing an additional 1,938 shares during the last quarter. TPG Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $295,000. Finally, Alternative Investment Advisors LLC. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $350,000. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ:SHY traded up $0.03 during trading on Friday, hitting $81.99. 522,773 shares of the company’s stock traded hands, compared to its average volume of 2,151,714. The company has a 50-day moving average price of $82.06 and a 200-day moving average price of $82.29. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The company has a market cap of $22.15 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares 1-3 Year Treasury Bond ETF

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.