Rossby Financial LCC Makes New $850,000 Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Rossby Financial LCC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,365 shares of the company’s stock, valued at approximately $850,000.

A number of other hedge funds have also made changes to their positions in the stock. EP Wealth Advisors LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 37.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 1,991 shares of the company’s stock worth $166,000 after purchasing an additional 544 shares during the last quarter. Barclays PLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 11.9% in the third quarter. Coldstream Capital Management Inc. now owns 5,569 shares of the company’s stock worth $463,000 after buying an additional 591 shares during the last quarter. Westside Investment Management Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 1.9% during the third quarter. Westside Investment Management Inc. now owns 30,843 shares of the company’s stock valued at $2,565,000 after acquiring an additional 576 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 11.1% in the third quarter. Sanctuary Advisors LLC now owns 86,297 shares of the company’s stock valued at $7,077,000 after acquiring an additional 8,621 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.2 %

Shares of SHY opened at $82.43 on Monday. The firm has a market cap of $23.34 billion, a price-to-earnings ratio of 3,758.18 and a beta of 0.01. The company’s fifty day moving average is $82.39 and its 200-day moving average is $82.26. 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 Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.2798 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.36 annualized dividend and a yield of 4.07%.

iShares 1-3 Year Treasury Bond ETF Company 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.