iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Sierra Capital LLC

Sierra Capital LLC trimmed its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,285 shares of the company’s stock after selling 1,793 shares during the period. Sierra Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $679,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Eagle Asset Management Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third 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 during the last quarter. Pinnacle Financial Partners Inc increased its position in iShares 1-3 Year Treasury Bond ETF by 12.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after purchasing an additional 22,721 shares in the last quarter. Zhang Financial LLC raised its stake in 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 purchasing an additional 1,859 shares during the last quarter. Purus Wealth Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after buying an additional 530 shares during the period. Finally, Zacks Investment Management lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.8% during the 3rd 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 period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ:SHY opened at $82.30 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The stock’s 50-day moving average price is $82.01 and its two-hundred day moving average price is $82.34. The firm has a market cap of $23.19 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 business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2735 dividend. 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 was 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.