Balentine LLC Acquires 4,023 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Balentine LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,981 shares of the company’s stock after buying an additional 4,023 shares during the quarter. Balentine LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,392,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Single Point Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $2,944,000. Sovran Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $268,000. Stonebridge Financial Group LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $1,992,000. International Private Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $1,210,000. Finally, Silicon Valley Capital Partners grew its position in iShares 1-3 Year Treasury Bond ETF by 257,652.2% during the fourth quarter. Silicon Valley Capital Partners now owns 458,799 shares of the company’s stock worth $37,612,000 after buying an additional 458,621 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Tuesday. The stock’s fifty day moving average price is $82.02 and its two-hundred day moving average price is $82.36. The firm has a market cap of $23.11 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2735 dividend. 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.