Dock Street Asset Management Inc. Buys 5,884 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Dock Street Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,554 shares of the company’s stock after purchasing an additional 5,884 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.1% of Dock Street Asset Management Inc.’s investment portfolio, making the stock its 23rd largest holding. Dock Street Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,309,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Captrust Financial Advisors boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after purchasing an additional 3,563,486 shares during the period. LPL Financial LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after acquiring an additional 1,193,337 shares during the period. Bank of Montreal Can raised its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after acquiring an additional 41,969 shares in the last quarter. Barclays PLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the period. Finally, Stephens Inc. AR increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock worth $111,226,000 after purchasing an additional 8,531 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

SHY opened at $82.06 on Friday. The stock has a market capitalization of $23.12 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 twelve month low of $80.91 and a twelve month high of $83.30. The company has a 50-day simple moving average of $82.03 and a 200 day simple moving average of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2735 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date 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.