Northwest Capital Management Inc Trims Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Northwest Capital Management Inc lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,356 shares of the company’s stock after selling 183 shares during the quarter. Northwest Capital Management Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $111,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SHY. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $30,000. Van ECK Associates Corp grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the period. Roxbury Financial LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $36,000. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $37,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ:SHY opened at $82.24 on Monday. The stock has a 50 day moving average of $82.01 and a 200 day moving average of $82.34. The company has a market cap of $23.18 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.