Rehmann Capital Advisory Group Has $2.20 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Rehmann Capital Advisory Group increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 26,450 shares of the company’s stock after acquiring an additional 152 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,199,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Captrust Financial Advisors boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares in the last quarter. LPL Financial LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after acquiring an additional 1,193,337 shares in the last quarter. Bank of Montreal Can grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after purchasing an additional 41,969 shares during the period. Raymond James & Associates raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock valued at $246,738,000 after purchasing an additional 250,959 shares during the period. Finally, Barclays PLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.19 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company has a market cap of $22.20 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.29 and a 200-day moving average of $82.24.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.