Dock Street Asset Management Inc. Has $3.93 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Dock Street Asset Management Inc. lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 58.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,426 shares of the company’s stock after selling 65,451 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 0.4% of Dock Street Asset Management Inc.’s portfolio, making the stock its 26th biggest position. Dock Street Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,928,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SHY. Captrust Financial Advisors increased its position in iShares 1-3 Year Treasury Bond ETF by 58.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares during the period. Mizuho Markets Americas LLC boosted its position in shares of 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 valued at $414,820,000 after acquiring an additional 2,414,144 shares during the period. Proficio Capital Partners LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,164.2% in the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock worth $86,358,000 after acquiring an additional 958,615 shares during the last quarter. Barclays PLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% in the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after acquiring an additional 762,773 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in 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 worth $46,661,000 after acquiring an additional 560,035 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.57 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The company has a fifty day moving average price of $82.77 and a 200 day moving average price of $82.85. The stock has a market cap of $24.14 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.223 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.2%.

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.