Counterweight Ventures LLC Grows Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Counterweight Ventures LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,970 shares of the company’s stock after purchasing an additional 382 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.5% of Counterweight Ventures LLC’s investment portfolio, making the stock its 26th largest holding. Counterweight Ventures LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,129,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHY. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. LPL Financial LLC grew its holdings in 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 in the last quarter. Bank of Montreal Can raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after buying an additional 41,969 shares during the last quarter. Barclays PLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the third 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 in the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of 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 worth $111,226,000 after buying an additional 8,531 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $81.97 on Friday. The stock has a market capitalization of $23.10 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company has a fifty day moving average of $82.03 and a 200 day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders 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 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.