iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Smithfield Trust Co’s 4th Largest Position

Smithfield Trust Co raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,046,433 shares of the company’s stock after acquiring an additional 34,101 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 4.3% of Smithfield Trust Co’s portfolio, making the stock its 4th biggest holding. Smithfield Trust Co owned about 0.37% of iShares 1-3 Year Treasury Bond ETF worth $85,778,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Exencial Wealth Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $200,000. Patten Group Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 29.3% during the 4th quarter. Patten Group Inc. now owns 23,317 shares of the company’s stock valued at $1,912,000 after acquiring an additional 5,277 shares during the period. Pinion Investment Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $238,000. Wernau Asset Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $360,000. Finally, Meridian Wealth Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 68.4% in the fourth quarter. Meridian Wealth Management LLC now owns 43,629 shares of the company’s stock valued at $3,577,000 after purchasing an additional 17,716 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.43 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The business has a 50 day moving average price of $82.09 and a 200-day moving average price of $82.34. The firm has a market cap of $23.23 billion, a PE ratio of 3,755.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2531 per share. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.