384,561 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 384,561 shares of the company’s stock, valued at approximately $31,526,000. iShares 1-3 Year Treasury Bond ETF comprises 3.3% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 2nd largest position. Landscape Capital Management L.L.C. owned 0.14% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Proficio Capital Partners LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% in the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock worth $8,840,000 after acquiring an additional 36,585 shares in the last quarter. Simplicity Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $719,000. Pinnacle Financial Partners Inc increased its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after purchasing an additional 22,721 shares in the last quarter. Zhang Financial LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 17.1% in the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after buying an additional 1,859 shares during the period. Finally, Purus Wealth Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after buying an additional 530 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.4 %

Shares of SHY stock opened at $82.73 on Friday. 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 50 day moving average of $82.32 and a 200-day moving average of $82.29. The company has a market cap of $22.86 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be issued a $0.2798 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date is Tuesday, April 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.