Watchman Group Inc. Purchases 21,917 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Watchman Group Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 5.5% in the fourth quarter, HoldingsChannel reports. The firm owned 419,076 shares of the company’s stock after acquiring an additional 21,917 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 9.0% of Watchman Group Inc.’s investment portfolio, making the stock its largest position. Watchman Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $34,356,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in iShares 1-3 Year Treasury Bond ETF by 47.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after buying an additional 3,731,847 shares in the last quarter. Proficio Capital Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after acquiring an additional 8,173,293 shares during the period. Raymond James Financial Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $389,029,000. Assetmark Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 94.0% during the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after acquiring an additional 1,975,432 shares during the period. Finally, Barclays PLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.67 on Friday. The firm’s 50 day moving average is $82.28 and its 200-day moving average is $82.30. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The stock has a market capitalization of $23.30 billion, a P/E ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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