BankPlus Trust Department Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

BankPlus Trust Department bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,106 shares of the company’s stock, valued at approximately $173,000.

Several other hedge funds have also recently made changes to their positions in SHY. Golden State Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $30,000. Van ECK Associates Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares during the period. Roxbury Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $36,000. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $37,000. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $45,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.30 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The firm has a market capitalization of $23.19 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s 50-day moving average is $82.01 and its 200 day moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change 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.