iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Kooman & Associates

Kooman & Associates lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 79,994 shares of the company’s stock after selling 824 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 2.4% of Kooman & Associates’ holdings, making the stock its 8th biggest position. Kooman & Associates’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,558,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SHY. Global Trust Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $68,000. Heritage Oak Wealth Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.4% in the third quarter. Heritage Oak Wealth Advisors LLC now owns 4,190 shares of the company’s stock valued at $348,000 after buying an additional 178 shares during the last quarter. BayBridge Capital Group LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the third quarter. BayBridge Capital Group LLC now owns 77,889 shares of the company’s stock valued at $6,476,000 after buying an additional 4,271 shares during the last quarter. Lyell Wealth Management LP raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.7% in the third quarter. Lyell Wealth Management LP now owns 4,649 shares of the company’s stock valued at $387,000 after buying an additional 1,564 shares during the last quarter. Finally, Parcion Private Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $493,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.24 on Friday. The firm has a market capitalization of $23.18 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 one year low of $80.91 and a one year high of $83.30. The company has a 50 day moving average price of $82.01 and a 200 day moving average price of $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.