Greenup Street Wealth Management LLC Decreases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Greenup Street Wealth Management LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,235 shares of the company’s stock after selling 8,094 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 2.0% of Greenup Street Wealth Management LLC’s holdings, making the stock its 12th largest holding. Greenup Street Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,239,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Fulcrum Equity Management purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $472,000. Hsbc Holdings PLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the third quarter. Hsbc Holdings PLC now owns 614,149 shares of the company’s stock worth $49,730,000 after buying an additional 7,431 shares during the period. Spreng Capital Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% during the 4th quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after acquiring an additional 1,461 shares during the period. Element Wealth LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 25.7% in the 4th quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock valued at $1,800,000 after acquiring an additional 4,488 shares during the last quarter. Finally, Sarasin & Partners LLP purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $1,151,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded down $0.05 on Friday, hitting $81.42. 2,758,016 shares of the company’s stock were exchanged, compared to its average volume of 4,362,826. The business’s 50 day simple moving average is $81.40 and its two-hundred day simple moving average is $81.60. The stock has a market capitalization of $24.46 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a $0.2616 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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