iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by James Investment Research Inc.

James Investment Research Inc. lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 129,659 shares of the company’s stock after selling 197 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 1.3% of James Investment Research Inc.’s portfolio, making the stock its 19th largest position. James Investment Research Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,629,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. School Employees Retirement Board of Ohio acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth $10,123,000. Eagle Asset Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares in the last quarter. Zhang Financial LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after acquiring an additional 1,859 shares during the last quarter. Purus Wealth Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after acquiring an additional 530 shares in the last quarter. Finally, Zacks Investment Management lifted its stake in iShares 1-3 Year Treasury Bond ETF by 2.8% during the third quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock worth $29,862,000 after purchasing an additional 9,784 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.10 on Friday. 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. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a 50 day moving average price of $82.01 and a 200 day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.