Watchman Group Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free 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
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.
Further Reading
- Five stocks we like better than iShares 1-3 Year Treasury Bond ETF
- Where Do I Find 52-Week Highs and Lows?
- MarketBeat Week in Review – 03/24 – 03/28
- What is a Death Cross in Stocks?
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- NYSE Stocks Give Investors a Variety of Quality Options
- 4 Healthcare Stocks With Massive Gains—and More to Come
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:SHY – Free Report).
Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.