iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Nixon Peabody Trust Co.

Nixon Peabody Trust Co. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 71.4% during the fourth quarter, HoldingsChannel reports. The firm owned 43,736 shares of the company’s stock after purchasing an additional 18,213 shares during the quarter. Nixon Peabody Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,585,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Golden State Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $30,000. Van ECK Associates Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares in the last quarter. Roxbury Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $36,000. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $37,000. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $45,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.62 on Friday. The company has a market capitalization of $23.28 billion, a PE ratio of 3,695.45 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. The company’s fifty day moving average price is $82.06 and its 200 day moving average price is $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was 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.