Pathstone Holdings LLC Has $27.87 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pathstone Holdings LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 51.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 339,988 shares of the company’s stock after selling 358,129 shares during the period. Pathstone Holdings LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $27,872,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SHY. Proficio Capital Partners LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $389,029,000. JPMorgan Chase & Co. raised its stake in iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after purchasing an additional 3,731,847 shares during the last quarter. Essential Planning LLC. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 4,992.9% in the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock valued at $201,794,000 after purchasing an additional 2,405,880 shares during the period. Finally, Assetmark Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 94.0% in the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after purchasing an additional 1,975,432 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.26 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.21 and a twelve month high of $83.30. The stock has a market cap of $24.16 billion, a PE ratio of 3,762.27 and a beta of 0.01. The firm has a 50-day simple moving average of $82.59 and a 200 day simple moving average of $82.27.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a dividend of $0.2592 per share. This represents a $3.11 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date was Thursday, May 1st.

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.