Cabot Wealth Management Inc. Increases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cabot Wealth Management Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,923 shares of the company’s stock after buying an additional 161 shares during the quarter. Cabot Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,912,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SHY. Eagle Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,938 shares in the last quarter. Pinnacle Financial Partners Inc grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after purchasing an additional 22,721 shares in the last quarter. Zhang Financial LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% in the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after purchasing an additional 1,859 shares during the last quarter. Purus Wealth Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% in the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after purchasing an additional 530 shares during the last quarter. Finally, Zacks Investment Management lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.8% during the third quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock worth $29,862,000 after buying an additional 9,784 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ:SHY opened at $82.24 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $23.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average of $82.01 and a two-hundred day moving average of $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.