iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Dock Street Asset Management Inc.

Dock Street Asset Management Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 107,670 shares of the company’s stock after selling 343 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.2% of Dock Street Asset Management Inc.’s investment portfolio, making the stock its 24th largest position. Dock Street Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,953,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of SHY. Vicus Capital grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 36.6% during the 3rd quarter. Vicus Capital now owns 15,060 shares of the company’s stock worth $1,252,000 after purchasing an additional 4,035 shares during the period. Graybill Wealth Management LTD. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.7% in the third quarter. Graybill Wealth Management LTD. now owns 101,614 shares of the company’s stock valued at $8,449,000 after purchasing an additional 1,720 shares in the last quarter. Fortis Group Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.4% during the third quarter. Fortis Group Advisors LLC now owns 97,581 shares of the company’s stock worth $8,114,000 after acquiring an additional 4,116 shares during the period. Foundations Investment Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 79.1% during the 3rd quarter. Foundations Investment Advisors LLC now owns 371,300 shares of the company’s stock worth $30,874,000 after purchasing an additional 163,958 shares during the period. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $90,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY traded down $0.02 during midday trading on Tuesday, reaching $82.45. The stock had a trading volume of 1,595,077 shares, compared to its average volume of 4,055,633. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.80 and a 1-year high of $83.30. The company has a market cap of $22.65 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company’s fifty day simple moving average is $82.81 and its two-hundred day simple moving average is $82.02.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 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.