35,908 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Purchased by Single Point Partners LLC

Single Point Partners LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 35,908 shares of the company’s stock, valued at approximately $2,944,000. iShares 1-3 Year Treasury Bond ETF accounts for 0.7% of Single Point Partners LLC’s holdings, making the stock its 24th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Golden State Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. AlphaMark Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $63,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $64,000. Finally, Global Trust Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.01 on Tuesday. The company has a market capitalization of $23.11 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company’s fifty day moving average price is $82.02 and its 200-day moving average price is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2735 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.