iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Holdings Lifted by Franklin Resources Inc.

Franklin Resources Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 481.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,160 shares of the company’s stock after acquiring an additional 34,083 shares during the quarter. Franklin Resources Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,396,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 5.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after purchasing an additional 131 shares during the last quarter. SPC Financial Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after acquiring an additional 140 shares during the last quarter. Aveo Capital Partners LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% during the 2nd quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock worth $1,229,000 after acquiring an additional 148 shares in the last quarter. Acorn Wealth Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its position 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. 23.15% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ:SHY opened at $81.77 on Wednesday. The stock has a fifty day simple moving average of $82.16 and a 200 day simple moving average of $82.28. The firm has a market capitalization of $22.09 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.11%. 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.