Pine Valley Investments Ltd Liability Co Lowers Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pine Valley Investments Ltd Liability Co decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,759 shares of the company’s stock after selling 1,608 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $226,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Golden State Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $30,000. Van ECK Associates Corp raised its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth 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 period. Roxbury Financial LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $36,000. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $45,000. Institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.47 on Friday. The business’s 50 day moving average is $82.04 and its 200 day moving average is $82.34. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market capitalization of $23.24 billion, a PE 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. Stockholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.