iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Lessened by Members Trust Co

Members Trust Co trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,395,425 shares of the company’s stock after selling 45,661 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.0% of Members Trust Co’s portfolio, making the stock its 11th biggest holding. Members Trust Co owned about 0.50% of iShares 1-3 Year Treasury Bond ETF worth $114,397,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $30,000. Van ECK Associates Corp increased its stake 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 valued at $32,000 after acquiring an additional 187 shares during the period. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $37,000. AlphaMark Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $63,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $64,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

SHY stock opened at $82.10 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. 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 50 day moving average is $82.01 and its 200-day moving average is $82.36.

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 paid 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 of this dividend was Monday, February 3rd.

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.