Greenwood Capital Associates LLC Sells 2,490 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Greenwood Capital Associates LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,660 shares of the company’s stock after selling 2,490 shares during the period. Greenwood Capital Associates LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Welch Group LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.7% during the 4th quarter. Welch Group LLC now owns 19,927 shares of the company’s stock worth $1,633,000 after purchasing an additional 2,241 shares in the last quarter. Kathleen S. Wright Associates Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 8.7% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 13,576 shares of the company’s stock worth $1,113,000 after buying an additional 1,085 shares in the last quarter. Columbus Macro LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 28.4% during the 4th quarter. Columbus Macro LLC now owns 4,285 shares of the company’s stock worth $351,000 after acquiring an additional 948 shares during the period. Alliance Wealth Advisors LLC UT acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $3,554,000. Finally, GEN Financial Management INC. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $1,194,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.04 on Wednesday. The firm has a market cap of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s fifty day moving average is $82.04 and its 200-day moving average is $82.36. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a $0.2735 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date is Monday, February 3rd.

iShares 1-3 Year Treasury Bond ETF 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.