CPR Investments Inc. Has $2.93 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

CPR Investments Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 35,704 shares of the company’s stock after selling 3,859 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 2.6% of CPR Investments Inc.’s portfolio, making the stock its 10th largest holding. CPR Investments Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,927,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of SHY. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $37,000. Global Trust Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $68,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the period. Eagle Bay Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $76,000. Finally, Bristlecone Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $78,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

SHY opened at $81.87 on Wednesday. The business’s fifty day simple moving average is $82.01 and its 200-day simple moving average is $82.32. The company has a market capitalization of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.11%.

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.