Fisher Asset Management LLC Has $19.01 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fisher Asset Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 90.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 228,579 shares of the company’s stock after acquiring an additional 108,429 shares during the period. Fisher Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $19,006,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Guidance Capital Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% during the second quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after acquiring an additional 359 shares during the period. Gradient Investments LLC grew its stake 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 worth $79,000 after buying an additional 895 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after buying an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $10,123,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,459,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.22 on Thursday. The business has a fifty day moving average price of $82.45 and a 200 day moving average price of $82.19. 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. The stock has a market capitalization of $22.21 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2831 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.13%.

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.