KM Capital Management Ltd. Has $577,000 Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

KM Capital Management Ltd. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 125.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,043 shares of the company’s stock after purchasing an additional 3,920 shares during the quarter. KM Capital Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $577,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors increased its holdings 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 purchasing an additional 3,563,486 shares during the period. LPL Financial LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the period. Barclays PLC increased its holdings in 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 valued at $229,417,000 after purchasing an additional 1,123,670 shares during the period. The Manufacturers Life Insurance Company increased its holdings in iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the period. Finally, Mizuho Markets Americas LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $44,917,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ SHY opened at $82.24 on Friday. The stock has a fifty day simple moving average of $82.01 and a 200 day simple moving average of $82.34. 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 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 Increases Dividend

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

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.