iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,730 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Pasadena Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $470,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $30,000. Van ECK Associates Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $36,000. Logan Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $37,000. Finally, Creative Capital Management Investments LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.03 on Wednesday. The firm has a market cap of $23.12 billion, a PE ratio of 3,695.45 and a beta of 0.01. 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’s 50-day simple moving average is $82.01 and its 200-day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared 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. This is a positive change 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.