iShares 1-3 Year Treasury Bond ETF $SHY Position Raised by Dock Street Asset Management Inc.

Dock Street Asset Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 112,877 shares of the company’s stock after purchasing an additional 6,130 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 0.8% of Dock Street Asset Management Inc.’s portfolio, making the stock its 24th largest holding. Dock Street Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,364,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $25,000. Pflug Koory LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the last quarter. Delos Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Howe & Rusling Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.86 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.14. The company has a market capitalization of $23.60 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The company’s 50 day simple moving average is $82.86 and its 200 day simple moving average is $82.80.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.2548 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF 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.