JPMorgan Chase & Co. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 4.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,609,701 shares of the company’s stock after buying an additional 467,629 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $878,695,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Captrust Financial Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after purchasing an additional 6,281,496 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after purchasing an additional 133,178 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after purchasing an additional 4,206,546 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the third quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after purchasing an additional 257,934 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 4,299,580 shares of the company’s stock valued at $356,693,000 after purchasing an additional 103,291 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.
iShares 1-3 Year Treasury Bond ETF Stock Performance
Shares of SHY opened at $81.94 on Wednesday. The firm has a market capitalization of $25.09 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.86 and a one year high of $83.20. The stock’s fifty day moving average is $82.29 and its 200-day moving average is $82.63.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
iShares 1-3 Year Treasury Bond ETF 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.
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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).
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