DT Investment Partners LLC Buys 1,500 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

DT Investment Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 151,661 shares of the company’s stock after buying an additional 1,500 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 1.1% of DT Investment Partners LLC’s portfolio, making the stock its 21st biggest position. DT Investment Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,433,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have 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 4th quarter valued at about $30,000. Van ECK Associates Corp grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the last quarter. Logan Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $37,000. AlphaMark Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $63,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $64,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $81.99 on Friday. The company has a market capitalization of $23.10 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s 50-day moving average is $82.02 and its 200-day moving average is $82.36. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.