iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Dock Street Asset Management Inc.

Dock Street Asset Management Inc. lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 48.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 24,543 shares of the company’s stock after selling 22,883 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.2% of Dock Street Asset Management Inc.’s holdings, making the stock its 29th largest holding. Dock Street Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,027,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Captrust Financial Advisors lifted its position in iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after acquiring an additional 4,206,546 shares in the last quarter. Pinebridge Investments Asia Ltd. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $270,573,000. The Manufacturers Life Insurance Company raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock valued at $185,576,000 after acquiring an additional 1,887,420 shares during the period. Finally, Mizuho Markets Cayman LP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $121,919,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.07 on Thursday. The firm has a market capitalization of $25.13 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $82.20 and its 200 day simple moving average is $82.56. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.2429 dividend. This represents a c) annualized dividend and a yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 1st.

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.