ETF Store Inc. Sells 1,139 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ETF Store Inc. cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 22.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,848 shares of the company’s stock after selling 1,139 shares during the period. ETF Store Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $315,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Hughes Financial Services LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $17,193,000. Postrock Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $404,000. May Barnhard Investments LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $2,759,000. Integras Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $1,504,000. Finally, Essential Planning LLC. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% in the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock worth $201,794,000 after acquiring an additional 2,405,880 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

SHY stock opened at $82.48 on Friday. The stock has a 50-day moving average price of $82.16 and a 200-day moving average price of $82.33. The firm has a market cap of $23.24 billion, a PE ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.