NorthCrest Asset Manangement LLC Sells 421 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NorthCrest Asset Manangement LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,969 shares of the company’s stock after selling 421 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,236,000 as of its most recent SEC filing.

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

NASDAQ:SHY opened at $82.42 on Friday. The business’s 50-day simple moving average is $82.80 and its 200-day simple moving average is $82.04. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.80 and a fifty-two week high of $83.30. The stock has a market capitalization of $22.56 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2883 dividend. The ex-dividend date was Tuesday, September 3rd.

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.