iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Sierra Capital LLC

Sierra Capital LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,285 shares of the company’s stock after selling 1,793 shares during the quarter. Sierra Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $679,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. BankPlus Trust Department acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $173,000. Rothschild Investment LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 47.7% in the 4th quarter. Rothschild Investment LLC now owns 23,205 shares of the company’s stock valued at $1,902,000 after acquiring an additional 7,497 shares during the period. IFP Advisors Inc raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.8% in the 4th quarter. IFP Advisors Inc now owns 12,091 shares of the company’s stock valued at $991,000 after acquiring an additional 1,083 shares during the period. Dover Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $1,171,000. Finally, Birchcreek Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 15.0% during the 4th quarter. Birchcreek Wealth Management LLC now owns 192,217 shares of the company’s stock worth $15,758,000 after purchasing an additional 25,035 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.30 on Tuesday. The business’s 50-day moving average is $82.01 and its two-hundred day moving average is $82.34. The firm has a market capitalization of $23.19 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF Company 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.