Quent Capital LLC Has $42.83 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Quent Capital LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 522,434 shares of the company’s stock after purchasing an additional 75,904 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 4.4% of Quent Capital LLC’s portfolio, making the stock its 4th largest holding. Quent Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $42,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SHY. Golden State Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. AlphaMark Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $63,000. Wingate Wealth Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $64,000. Finally, Global Trust Asset Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $68,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.01 on Tuesday. The company has a 50-day simple moving average of $82.02 and a 200-day simple moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm has a market capitalization of $23.11 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2735 dividend. 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.