iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Raised by Clearstead Trust LLC

Clearstead Trust LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,106 shares of the company’s stock after buying an additional 798 shares during the quarter. Clearstead Trust LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $419,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Hughes Financial Services LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $17,193,000. Postrock Partners LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $404,000. May Barnhard Investments LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $2,759,000. Integras Partners LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $1,504,000. Finally, Essential Planning LLC. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% during the fourth quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock valued at $201,794,000 after purchasing an additional 2,405,880 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ SHY opened at $82.42 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm’s 50-day simple moving average is $82.17 and its 200 day simple moving average is $82.33. The stock has a market cap of $23.23 billion, a P/E ratio of 3,755.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.