Alternative Investment Advisors LLC. Raises Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Alternative Investment Advisors LLC. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 103.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,691 shares of the company’s stock after buying an additional 4,410 shares during the quarter. Alternative Investment Advisors LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $723,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Miracle Mile Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 67.5% during the second quarter. Miracle Mile Advisors LLC now owns 4,801 shares of the company’s stock valued at $392,000 after purchasing an additional 1,935 shares during the period. Stanley Laman Group Ltd. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $275,000. Rovin Capital UT ADV acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $2,605,000. Gradient Investments LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1,316.2% during the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after acquiring an additional 895 shares in the last quarter. Finally, Well Done LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 41.8% during the second quarter. Well Done LLC now owns 60,964 shares of the company’s stock valued at $4,978,000 after acquiring an additional 17,962 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 1-3 Year Treasury Bond ETF stock traded down $0.01 during mid-day trading on Friday, hitting $82.12. The company had a trading volume of 289,438 shares, compared to its average volume of 3,992,044. The company has a market capitalization of $22.18 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company’s fifty day moving average is $82.25 and its 200-day moving average is $82.24.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were paid a $0.2653 dividend. The ex-dividend date of this dividend was Monday, December 2nd.

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.