Leavell Investment Management Inc. Has $6.19 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Leavell Investment Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 75,490 shares of the company’s stock after purchasing an additional 8,321 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,189,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $30,000. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. AlphaMark Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $63,000. Wingate Wealth Advisors Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $64,000. Finally, Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $68,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

Shares of NASDAQ:SHY opened at $81.99 on Wednesday. The stock’s fifty day simple moving average is $82.02 and its two-hundred day simple moving average is $82.36. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market cap of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.