Ndwm LLC Has $1.44 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ndwm LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,533 shares of the company’s stock after selling 3,563 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.2% of Ndwm LLC’s investment portfolio, making the stock its 15th biggest position. Ndwm LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,437,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SHY. Golden State Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $30,000. Van ECK Associates Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th 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. Roxbury Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $36,000. Logan Capital Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $37,000. Finally, Creative Capital Management Investments LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $45,000. 23.15% of the stock is currently owned by institutional investors.

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

NASDAQ:SHY opened at $82.41 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a fifty day moving average of $82.02 and a 200-day moving average of $82.34. The firm has a market capitalization of $23.22 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 business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.