Nvwm LLC Has $1.62 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Nvwm LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 19,737 shares of the company’s stock after purchasing an additional 270 shares during the quarter. Nvwm LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,618,000 as of its most recent filing with the SEC.

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

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.04 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The business’s 50 day simple moving average is $82.04 and its 200 day simple moving average is $82.36. The stock has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2735 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.