Evergreen Capital Management LLC Lowers Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Evergreen Capital Management LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 350,347 shares of the company’s stock after selling 8,725 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 0.9% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 18th largest holding. Evergreen Capital Management LLC owned 0.12% of iShares 1-3 Year Treasury Bond ETF worth $29,030,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SHY. Kingstone Capital Partners Texas LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock worth $3,728,910,000 after purchasing an additional 45,609,923 shares in the last quarter. Captrust Financial Advisors increased its position in iShares 1-3 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after purchasing an additional 502,122 shares during the period. Assetmark Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 123.2% during the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after buying an additional 3,917,307 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock valued at $532,863,000 after buying an additional 2,734,684 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock valued at $419,325,000 after buying an additional 323,185 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.87 on Friday. The business’s fifty day moving average price is $82.92 and its 200 day moving average price is $82.75. The firm has a market capitalization of $23.92 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a $0.2488 dividend. The ex-dividend date was Monday, December 1st.

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.