Arrow Investment Advisors LLC raised its stake in shares of Ishares Trust Lehman 1 3yr (BMV:SHY) by 25.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 206,202 shares of the company’s stock after purchasing an additional 41,554 shares during the quarter. Ishares Trust Lehman 1 3yr accounts for about 5.1% of Arrow Investment Advisors LLC’s holdings, making the stock its 11th biggest holding. Arrow Investment Advisors LLC owned approximately 0.15% of Ishares Trust Lehman 1 3yr worth $17,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in SHY. Truewealth LLC bought a new stake in Ishares Trust Lehman 1 3yr during the fourth quarter valued at approximately $130,000. Centaurus Financial Inc. bought a new stake in Ishares Trust Lehman 1 3yr during the first quarter valued at approximately $132,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Ishares Trust Lehman 1 3yr by 193.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,702 shares of the company’s stock worth $143,000 after acquiring an additional 1,122 shares in the last quarter. Ledyard National Bank raised its stake in shares of Ishares Trust Lehman 1 3yr by 531.1% during the fourth quarter. Ledyard National Bank now owns 1,868 shares of the company’s stock worth $157,000 after acquiring an additional 1,572 shares in the last quarter. Finally, Financial Management Professionals Inc. purchased a new position in shares of Ishares Trust Lehman 1 3yr during the first quarter worth approximately $167,000.

Ishares Trust Lehman 1 3yr opened at $83.46 on Friday, MarketBeat reports. Ishares Trust Lehman 1 3yr has a one year low of $1,477.38 and a one year high of $1,667.15.

The firm also recently declared a monthly dividend, which was paid on Monday, May 7th. Shareholders of record on Wednesday, May 2nd were paid a dividend of $0.1031 per share. The ex-dividend date of this dividend was Tuesday, May 1st. This is an increase from Ishares Trust Lehman 1 3yr’s previous monthly dividend of $0.09. This represents a $1.24 annualized dividend and a dividend yield of 1.48%.

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ishares Trust Lehman 1 3yr (BMV:SHY).

Institutional Ownership by Quarter for Ishares Trust Lehman 1 3yr (BMV:SHY)

Receive News & Ratings for Ishares Trust Lehman 1 3yr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ishares Trust Lehman 1 3yr and related companies with MarketBeat.com's FREE daily email newsletter.