iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 42.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,200 shares of the company’s stock after selling 2,402 shares during the period. Bryn Mawr Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $262,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Van ECK Associates Corp lifted its stake in 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 during the fourth quarter worth $36,000. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $37,000. Finally, Creative Capital Management Investments LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $45,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ:SHY opened at $82.24 on Friday. The stock’s fifty day moving average is $82.00 and its two-hundred day moving average is $82.35. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The stock has a market capitalization of $23.18 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared 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. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 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.