Charter Oak Capital Management LLC Sells 10,369 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Charter Oak Capital Management LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,530 shares of the company’s stock after selling 10,369 shares during the quarter. Charter Oak Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,452,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SHY. Captrust Financial Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after purchasing an additional 6,281,496 shares in the last quarter. Mizuho Markets Americas LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,164.2% during the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock valued at $86,358,000 after acquiring an additional 958,615 shares in the last quarter. Barclays PLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% during the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock valued at $124,950,000 after acquiring an additional 762,773 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23,228.3% during the third quarter. Tower Research Capital LLC TRC now owns 562,446 shares of the company’s stock valued at $46,661,000 after acquiring an additional 560,035 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.41 on Monday. The company has a market cap of $25.33 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The business has a 50 day moving average price of $82.69 and a 200-day moving average price of $82.82.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.2469 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Wednesday, April 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.