iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,170 shares of the company’s stock after selling 1,180 shares during the period. Lodestar Private Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,654,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SHY. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,357 shares of the company’s stock valued at $357,000 after purchasing an additional 973 shares during the period. Strategic Financial Concepts LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $1,246,000. Leo Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $251,000. Greenspring Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 35.6% during the 4th quarter. Greenspring Advisors LLC now owns 21,159 shares of the company’s stock worth $1,735,000 after buying an additional 5,550 shares in the last quarter. Finally, Silver Oak Securities Incorporated raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,462.0% during the fourth quarter. Silver Oak Securities Incorporated now owns 74,929 shares of the company’s stock valued at $6,139,000 after acquiring an additional 70,132 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.06 on Friday. The stock has a 50 day moving average price of $82.03 and a 200 day moving average price of $82.36. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market capitalization of $23.12 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 business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 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.