Millstone Evans Group LLC Takes $32,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Millstone Evans Group LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, Holdings Channel reports. The fund bought 394 shares of the company’s stock, valued at approximately $32,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. Van ECK Associates Corp increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares in the last quarter. Roxbury Financial LLC acquired 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 iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $37,000. Finally, Creative Capital Management Investments LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $45,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

Shares of NASDAQ SHY opened at $82.47 on Tuesday. The firm has a 50-day simple moving average of $82.24 and a 200-day simple moving average of $82.31. The stock has a market capitalization of $23.24 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed 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 of this dividend 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.