Patten Group Inc. Has $1.50 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Patten Group Inc. raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,040 shares of the company’s stock after purchasing an additional 896 shares during the period. Patten Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,500,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SWP Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $338,000. Guidance Capital Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after acquiring an additional 359 shares during the period. Gradient Investments LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% during the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after acquiring an additional 895 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after acquiring an additional 6,493 shares during the period. Finally, Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $1,459,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.40 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.67 and a twelve month high of $83.30. The firm has a 50 day moving average price of $82.81 and a 200-day moving average price of $81.96. The company has a market capitalization of $22.87 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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