iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Martin Capital Partners LLC’s 5th Largest Position

Martin Capital Partners LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,341 shares of the company’s stock after selling 13,799 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 3.0% of Martin Capital Partners LLC’s portfolio, making the stock its 5th biggest holding. Martin Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,569,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. AlphaMark Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $63,000. Global Trust Asset Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $68,000. Creative Financial Designs Inc. ADV increased its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $76,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

Shares of SHY opened at $82.04 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a market capitalization of $23.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average price of $82.04 and a 200 day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a $0.2735 dividend. The ex-dividend date is Monday, February 3rd. This is a boost 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.