iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Boosted by TRU Independence Asset Management 2 LLC

TRU Independence Asset Management 2 LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,349 shares of the company’s stock after buying an additional 1,097 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 2.5% of TRU Independence Asset Management 2 LLC’s holdings, making the stock its 12th biggest position. TRU Independence Asset Management 2 LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,980,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SHY. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $37,000. AlphaMark Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $63,000. Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $68,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $76,000. 23.15% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ SHY opened at $82.26 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock’s 50-day moving average price is $82.02 and its two-hundred day moving average price is $82.35. The company has a market cap of $23.06 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a yield of 4.09%. The ex-dividend date was Wednesday, December 18th.

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.