Pine Valley Investments Ltd Liability Co Reduces Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pine Valley Investments Ltd Liability Co cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,759 shares of the company’s stock after selling 1,608 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of SHY. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $30,000. Van ECK Associates Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the period. Roxbury Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $36,000. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $37,000. Finally, Creative Capital Management Investments LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $45,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

SHY stock opened at $82.47 on Friday. The stock has a market cap of $23.24 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a 50-day moving average price of $82.04 and a 200 day moving average price of $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date 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 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.