Peddock Capital Advisors LLC Acquires Shares of 4,424 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Peddock Capital Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 4,424 shares of the company’s stock, valued at approximately $363,000.

A number of other institutional investors also recently modified their holdings of the business. Harbour Capital Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $315,000. Cooper Financial Group raised its stake in iShares 1-3 Year Treasury Bond ETF by 16.1% during the fourth quarter. Cooper Financial Group now owns 16,434 shares of the company’s stock worth $1,347,000 after buying an additional 2,276 shares during the last quarter. Ridgewood Investments LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 31.1% during the 4th quarter. Ridgewood Investments LLC now owns 3,267 shares of the company’s stock worth $268,000 after acquiring an additional 775 shares during the period. ORG Partners LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.7% in the 4th quarter. ORG Partners LLC now owns 37,703 shares of the company’s stock worth $3,091,000 after acquiring an additional 2,049 shares in the last quarter. Finally, Farmers Trust Co. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 133.4% in the 4th quarter. Farmers Trust Co. now owns 16,804 shares of the company’s stock valued at $1,378,000 after purchasing an additional 9,604 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY traded up $0.02 during trading hours on Monday, hitting $81.85. 4,855,039 shares of the company’s stock were exchanged, compared to its average volume of 3,833,307. The firm has a market cap of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day simple moving average of $82.02 and a 200 day simple moving average of $82.31. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.11%.

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.