CX Institutional Has $22.83 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

CX Institutional raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 44.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 278,475 shares of the company’s stock after purchasing an additional 85,861 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.9% of CX Institutional’s holdings, making the stock its 28th largest holding. CX Institutional owned 0.10% of iShares 1-3 Year Treasury Bond ETF worth $22,829,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $37,000. Global Trust Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $68,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $76,000. Finally, Bristlecone Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $78,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.13 on Friday. 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 cap of $23.00 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company has a fifty day moving average price of $82.02 and a two-hundred day moving average price of $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors 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 dividend on an annualized basis and a yield of 4.10%.

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.