iShares 1-3 Year Treasury Bond ETF $SHY Holdings Boosted by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,326 shares of the company’s stock after purchasing an additional 6,123 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 4.4% of Sugar Maple Asset Management LLC’s holdings, making the stock its 8th largest position. Sugar Maple Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Captrust Financial Advisors boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after purchasing an additional 6,281,496 shares during the period. Bank of America Corp DE increased its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the period. Bank of New York Mellon Corp lifted its stake in iShares 1-3 Year Treasury Bond ETF by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock valued at $556,134,000 after buying an additional 272,758 shares during the last quarter. Mizuho Markets Americas LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after buying an additional 2,414,144 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after acquiring an additional 257,934 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.36 on Friday. The firm has a market cap of $24.69 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s 50 day simple moving average is $82.74 and its 200-day simple moving average is $82.84. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.2469 per share. The ex-dividend date is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22.

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.