Mount Lucas Management LP Trims Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Mount Lucas Management LP lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 41.8% in the third quarter, Holdings Channel.com reports. The fund owned 33,108 shares of the company’s stock after selling 23,745 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.1% of Mount Lucas Management LP’s portfolio, making the stock its 18th biggest holding. Mount Lucas Management LP’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,747,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Live Oak Private Wealth LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.9% in the second quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock worth $548,000 after purchasing an additional 123 shares during the period. Aspire Growth Partners LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% in the third quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after purchasing an additional 127 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the third quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after purchasing an additional 128 shares during the last quarter. Belpointe Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock worth $1,445,000 after buying an additional 131 shares during the period. Finally, ESL Trust Services LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.5% during the 3rd quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock valued at $182,000 after buying an additional 133 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $83.06 on Wednesday. The stock has a market cap of $24.28 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 1 year low of $82.21 and a 1 year high of $83.14. The firm has a 50-day moving average of $82.87 and a two-hundred day moving average of $82.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.