iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Freestate Advisors LLC’s 9th Largest Position

Freestate Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,723 shares of the company’s stock after acquiring an additional 2,874 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 2.2% of Freestate Advisors LLC’s holdings, making the stock its 9th biggest position. Freestate Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,109,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. School Employees Retirement Board of Ohio acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $10,123,000. Eagle Asset Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after buying an additional 1,938 shares during the last quarter. TPG Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth $295,000. Alternative Investment Advisors LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $350,000. Finally, Park Avenue Securities LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 30.4% during the 3rd quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock worth $7,261,000 after buying an additional 20,384 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of SHY traded up $0.16 during midday trading on Wednesday, hitting $82.03. The stock had a trading volume of 191,911 shares, compared to its average volume of 3,249,097. The business has a 50-day simple moving average of $82.01 and a two-hundred day simple moving average of $82.32. The firm has a market cap of $22.79 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week 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. Investors of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.10%.

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.