iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Martin Capital Partners LLC’s 5th Largest Position

Martin Capital Partners LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,341 shares of the company’s stock after selling 13,799 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 3.0% of Martin Capital Partners LLC’s portfolio, making the stock its 5th largest position. Martin Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,569,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $37,000. AlphaMark Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $63,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $68,000. Creative Financial Designs Inc. ADV increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $76,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.04 on Wednesday. The company’s 50-day simple moving average is $82.04 and its 200-day simple moving average is $82.36. 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 stock has a market capitalization of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.2735 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date is Monday, February 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.