Capital Investment Services of America Inc. Reduces Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Capital Investment Services of America Inc. decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,974 shares of the company’s stock after selling 786 shares during the quarter. Capital Investment Services of America Inc. owned approximately 0.05% of iShares 1-3 Year Treasury Bond ETF worth $12,049,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SPC Financial Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after acquiring an additional 140 shares during the period. Center For Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% in the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after acquiring an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after purchasing an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after buying an additional 152 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.09 on Thursday. 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 fifty day moving average price of $82.04 and a two-hundred day moving average price of $82.36. The stock has a market capitalization of $23.16 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend is Monday, February 3rd.

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.