Pure Portfolios Holdings LLC Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pure Portfolios Holdings LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.4% in the 4th quarter, HoldingsChannel reports. The fund owned 35,137 shares of the company’s stock after selling 7,395 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 1.1% of Pure Portfolios Holdings LLC’s investment portfolio, making the stock its 23rd largest position. Pure Portfolios Holdings LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,881,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Captrust Financial Advisors increased its position in iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after buying an additional 1,193,337 shares during the period. Bank of Montreal Can increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after buying an additional 41,969 shares during the last quarter. Barclays PLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after buying an additional 1,123,670 shares during the period. Finally, Stephens Inc. AR boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after acquiring an additional 8,531 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.10 on Monday. The business has a 50-day moving average of $82.01 and a two-hundred day moving average of $82.36. The firm has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.