iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Private Management Group Inc.

Private Management Group Inc. cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,487 shares of the company’s stock after selling 3,980 shares during the quarter. Private Management Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,369,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of SHY. Millennium Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 24.8% in the second quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock valued at $5,182,000 after buying an additional 12,625 shares in the last quarter. Brookstone Capital Management grew its stake in iShares 1-3 Year Treasury Bond ETF by 9.7% during the 3rd quarter. Brookstone Capital Management now owns 142,909 shares of the company’s stock worth $11,883,000 after purchasing an additional 12,609 shares in the last quarter. Daymark Wealth Partners LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 3.9% during the 3rd quarter. Daymark Wealth Partners LLC now owns 5,672 shares of the company’s stock worth $472,000 after purchasing an additional 211 shares in the last quarter. CWM LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 17.4% during the 3rd quarter. CWM LLC now owns 116,924 shares of the company’s stock worth $9,722,000 after purchasing an additional 17,349 shares in the last quarter. Finally, Patten Group Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.2% during the 3rd quarter. Patten Group Inc. now owns 18,040 shares of the company’s stock worth $1,500,000 after purchasing an additional 896 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.06 on Friday. 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 has a market capitalization of $23.12 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average price of $82.03 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. Investors of record on Monday, February 3rd were paid a dividend of $0.2735 per share. This is a boost 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.