Financial Counselors Inc. Acquires 863 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Financial Counselors Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,269 shares of the company’s stock after purchasing an additional 863 shares during the quarter. Financial Counselors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,580,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $30,000. Van ECK Associates Corp grew its position in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares in the last quarter. Millstone Evans Group LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $32,000. Roxbury Financial LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $36,000. Finally, Logan Capital Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

SHY opened at $82.52 on Friday. The stock’s 50 day simple moving average is $82.27 and its 200-day simple moving average is $82.31. The stock has a market cap of $23.25 billion, a PE ratio of 3,745.00 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 firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 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.