Peddock Capital Advisors LLC Takes $363,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Peddock Capital Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,424 shares of the company’s stock, valued at approximately $363,000.

A number of other large investors have also added to or reduced their stakes in the business. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. Global Trust Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $68,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $76,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $78,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock traded up $0.02 during mid-day trading on Monday, reaching $81.85. 4,855,039 shares of the company were exchanged, compared to its average volume of 3,833,307. The firm has a market cap of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01. The company has a fifty day simple moving average of $82.02 and a 200-day simple moving average of $82.31. 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 declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.