iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Lessened by Silicon Valley Capital Partners

Silicon Valley Capital Partners lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 511,999 shares of the company’s stock after selling 20,286 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 4.1% of Silicon Valley Capital Partners’ holdings, making the stock its 8th biggest position. Silicon Valley Capital Partners owned 0.17% of iShares 1-3 Year Treasury Bond ETF worth $42,276,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SHY. Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $53,414,000. Innova Wealth Partners lifted its stake in iShares 1-3 Year Treasury Bond ETF by 134.6% in the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after acquiring an additional 182,540 shares in the last quarter. Finer Wealth Management Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $1,685,000. Fifth Third Securities Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 79.5% during the 4th quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock worth $3,384,000 after acquiring an additional 18,099 shares during the period. Finally, Stapp Wealth Management Pllc grew its stake in iShares 1-3 Year Treasury Bond ETF by 211.2% during the 4th quarter. Stapp Wealth Management Pllc now owns 13,302 shares of the company’s stock valued at $1,102,000 after acquiring an additional 9,027 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.01 on Friday. The company has a market capitalization of $25.25 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 fifty-two week low of $81.76 and a fifty-two week high of $83.20. The business’s 50-day moving average is $81.99 and its 200-day moving average is $82.40.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2383 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.