Lowery Thomas LLC Purchases New Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Lowery Thomas LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) in the 4th quarter, Holdings Channel.com reports. The firm acquired 3,736 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SHY. Golden State Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Van ECK Associates Corp grew its position in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the period. Roxbury Financial LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $36,000. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $37,000. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.38 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market cap of $23.21 billion, a P/E ratio of 3,755.45 and a beta of 0.01. The stock’s 50 day simple moving average is $82.12 and its 200 day simple moving average is $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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