iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Reduced by GLOBALT Investments LLC GA

GLOBALT Investments LLC GA decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,105 shares of the company’s stock after selling 2,200 shares during the period. GLOBALT Investments LLC GA’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,894,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. Van ECK Associates Corp increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares in the last quarter. Roxbury Financial LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $36,000. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $37,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $45,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.42 on Monday. The stock has a market capitalization of $23.23 billion, a P/E ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The business’s fifty day moving average is $82.17 and its two-hundred day moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

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.