Sierra Legacy Group Reduces Position in iShares 1-3 Year Treasury Bond ETF $SHY

Sierra Legacy Group decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 60.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,150 shares of the company’s stock after selling 14,230 shares during the period. Sierra Legacy Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $758,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SHY. Semitam Bonam LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.9% in the fourth quarter. Semitam Bonam LLC now owns 58,792 shares of the company’s stock valued at $4,869,000 after purchasing an additional 3,775 shares during the last quarter. Savvy Advisors Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $1,430,000. NTV Asset Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 3.2% in the 4th quarter. NTV Asset Management LLC now owns 24,245 shares of the company’s stock valued at $2,008,000 after buying an additional 747 shares in the last quarter. Global Trust Asset Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 12,184.8% in the 4th quarter. Global Trust Asset Management LLC now owns 184,272 shares of the company’s stock valued at $15,261,000 after buying an additional 182,772 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $345,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.36 on Friday. 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’s fifty day simple moving average is $82.74 and its 200-day simple moving average is $82.84. The firm has a market cap of $24.69 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.