NorthCrest Asset Manangement LLC Trims Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NorthCrest Asset Manangement LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,390 shares of the company’s stock after selling 4,020 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,996,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. A. D. Beadell Investment Counsel Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.4% in the 1st quarter. A. D. Beadell Investment Counsel Inc. now owns 5,526 shares of the company’s stock valued at $457,000 after buying an additional 127 shares during the period. Hobbs Group Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock valued at $813,000 after purchasing an additional 136 shares in the last quarter. Spreng Capital Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock valued at $852,000 after purchasing an additional 140 shares in the last quarter. Blueprint Investment Partners LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.2% in the 4th quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after purchasing an additional 142 shares in the last quarter. Finally, Cabot Wealth Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.3% during the 4th quarter. Cabot Wealth Management Inc. now owns 59,923 shares of the company’s stock worth $4,912,000 after acquiring an additional 161 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ:SHY opened at $82.41 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.29 and a 52-week high of $83.30. The company has a 50 day moving average of $82.54 and a two-hundred day moving average of $82.31. The company has a market capitalization of $24.20 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a dividend of $0.2718 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.96%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.