Insigneo Advisory Services LLC Makes New $592,000 Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Insigneo Advisory Services LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the second quarter, HoldingsChannel reports. The institutional investor acquired 7,159 shares of the company’s stock, valued at approximately $592,000.

Other large investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3,931.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock worth $155,560,000 after purchasing an additional 1,849,118 shares during the last quarter. Cerity Partners OCIO LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $129,075,000. Members Trust Co grew its holdings in iShares 1-3 Year Treasury Bond ETF by 96.2% during the first quarter. Members Trust Co now owns 1,493,298 shares of the company’s stock worth $122,122,000 after acquiring an additional 732,321 shares during the period. Pathstone Holdings LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $59,218,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 7,346.0% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 668,426 shares of the company’s stock worth $54,664,000 after purchasing an additional 659,449 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

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

Shares of SHY stock opened at $83.14 on Friday. The company has a market capitalization of $24.66 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s 50 day moving average is $82.66 and its two-hundred day moving average is $81.88. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.62 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.