Fiduciary Group LLC Has $42.81 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fiduciary Group LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 521,842 shares of the company’s stock after acquiring an additional 9,792 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 5.0% of Fiduciary Group LLC’s investment portfolio, making the stock its largest position. Fiduciary Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $42,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Fortitude Family Office LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $45,000. Cedar Mountain Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $55,000. Financial Gravity Asset Management Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after buying an additional 625 shares during the last quarter. Halpern Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $62,000. Finally, Salem Investment Counselors Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 79.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $63,000 after buying an additional 339 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY traded up $0.02 during trading hours on Friday, reaching $81.21. The company’s stock had a trading volume of 3,071,548 shares, compared to its average volume of 4,538,988. The firm has a fifty day simple moving average of $81.51 and a 200-day simple moving average of $81.56. The stock has a market cap of $24.57 billion, a P/E ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.2705 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%.

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.