Level Four Advisory Services LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Level Four Advisory Services LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 28.9% during the fourth quarter, Holdings Channel reports. The firm owned 13,386 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,097,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Van ECK Associates Corp grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after acquiring an additional 187 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $32,000. Roxbury Financial LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $36,000. Finally, Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $37,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.67 on Friday. The stock has a market capitalization of $23.30 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. The business has a fifty day moving average price of $82.28 and a 200 day moving average price of $82.30. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors 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.