iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,300 shares of the company’s stock after selling 1,218 shares during the period. Verus Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Van ECK Associates Corp grew its position 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 valued at $32,000 after acquiring an additional 187 shares during the period. Roxbury Financial LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $36,000. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $37,000. Finally, Creative Capital Management Investments LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $45,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.47 on Friday. The stock has a market capitalization of $23.24 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a 50 day simple moving average of $82.04 and a 200-day simple moving average of $82.34. 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 Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change 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.