Flputnam Investment Management Co. Boosts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Flputnam Investment Management Co. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 463,247 shares of the company’s stock after buying an additional 64,336 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 0.9% of Flputnam Investment Management Co.’s holdings, making the stock its 25th largest position. Flputnam Investment Management Co. owned 0.15% of iShares 1-3 Year Treasury Bond ETF worth $38,005,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley raised its position in iShares 1-3 Year Treasury Bond ETF by 16.9% in the fourth quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after purchasing an additional 2,893,771 shares during the period. BlackRock Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 20.6% in the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock valued at $893,706,000 after buying an additional 1,858,137 shares during the period. Balentine LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.5% in the third quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock valued at $748,328,000 after buying an additional 136,230 shares during the last quarter. Assetmark Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 601.3% during the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after buying an additional 6,751,373 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after purchasing an additional 939,567 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock traded down $0.03 during mid-day trading on Monday, reaching $81.18. 4,543,073 shares of the company’s stock were exchanged, compared to its average volume of 4,654,052. The company has a fifty day moving average of $81.62 and a 200-day moving average of $81.54. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.55 and a twelve month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 annualized dividend and a yield of 4.00%.

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.