Oppenheimer & Co. Inc. Decreases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Oppenheimer & Co. Inc. cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 97,373 shares of the company’s stock after selling 8,502 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,983,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SHY. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Van ECK Associates Corp increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $36,000. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $37,000. Finally, Creative Capital Management Investments LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $45,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.47 on Friday. The firm has a market capitalization of $23.24 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm’s 50 day moving average is $82.04 and its two-hundred day moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2735 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.