Midwest Heritage Bank FSB Sells 4,584 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Midwest Heritage Bank FSB lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,668 shares of the company’s stock after selling 4,584 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 2.5% of Midwest Heritage Bank FSB’s portfolio, making the stock its 13th largest holding. Midwest Heritage Bank FSB’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,301,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $30,000. Van ECK Associates Corp grew its holdings in shares of 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 in the last quarter. Roxbury Financial LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $36,000. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. Finally, Creative Capital Management Investments LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $45,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.34 on Thursday. The firm has a market capitalization of $23.20 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01. The company’s 50 day moving average price is $82.10 and its two-hundred day moving average price is $82.34. 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 Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be paid a $0.2531 dividend. The ex-dividend date of this dividend is Monday, March 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.