iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Decreased by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 72.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,573 shares of the company’s stock after selling 11,907 shares during the period. Central Pacific Bank Trust Division’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $375,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $37,000. Global Trust Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $68,000. Creative Financial Designs Inc. ADV grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $76,000. Finally, Bristlecone Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $78,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.96 on Friday. The firm has a 50-day moving average price of $82.06 and a two-hundred day moving average price of $82.29. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a market capitalization of $22.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.2804 dividend. This represents a $3.36 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company 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.