iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Increased by Mount Lucas Management LP

Mount Lucas Management LP increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 518.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 198,611 shares of the company’s stock after purchasing an additional 166,475 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 5.7% of Mount Lucas Management LP’s investment portfolio, making the stock its 4th largest holding. Mount Lucas Management LP owned 0.07% of iShares 1-3 Year Treasury Bond ETF worth $16,282,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Van ECK Associates Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the last quarter. Roxbury Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $36,000. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $37,000. Finally, Creative Capital Management Investments LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $45,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.38 on Monday. The firm has a market capitalization of $23.21 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01. The business has a fifty day moving average price of $82.12 and a 200-day moving average price of $82.33. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 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.