iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Boltwood Capital Management

Boltwood Capital Management grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,452 shares of the company’s stock after purchasing an additional 4,365 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 1.8% of Boltwood Capital Management’s holdings, making the stock its 15th biggest position. Boltwood Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,940,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Oppenheimer Asset Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after acquiring an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $10,123,000. Eagle Asset Management Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after buying an additional 1,938 shares in the last quarter. TPG Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $295,000. Finally, Alternative Investment Advisors LLC. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $350,000. 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 traded up $0.02 during mid-day trading on Monday, reaching $81.98. The stock had a trading volume of 753,000 shares, compared to its average volume of 2,444,086. The business’s fifty day moving average is $82.05 and its 200 day moving average is $82.30. 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 cap of $22.64 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 company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date 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.