Lee Financial Co Reduces Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Lee Financial Co cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,179 shares of the company’s stock after selling 3,075 shares during the period. Lee Financial Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,572,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Van ECK Associates Corp boosted its holdings in 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 purchasing an additional 187 shares during the period. Roxbury Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $36,000. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. Finally, AlphaMark Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $63,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.10 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 fifty day moving average of $82.01 and a 200 day moving average of $82.36. The firm has a market capitalization of $23.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.