iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is White Pine Investment CO’s 10th Largest Position

White Pine Investment CO lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,969 shares of the company’s stock after purchasing an additional 11,395 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 2.7% of White Pine Investment CO’s portfolio, making the stock its 10th biggest position. White Pine Investment CO’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth $37,000. Global Trust Asset Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $68,000. Creative Financial Designs Inc. ADV grew its stake 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 valued at $73,000 after purchasing an additional 167 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $76,000. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $78,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHY opened at $82.11 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 business’s 50 day moving average price is $82.01 and its 200 day moving average price is $82.34. The firm has a market cap of $22.99 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

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.