New Capital Management LP Has $2.95 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

New Capital Management LP lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,924 shares of the company’s stock after selling 203 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 0.9% of New Capital Management LP’s investment portfolio, making the stock its 16th biggest holding. New Capital Management LP’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,945,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Oppenheimer Asset Management Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 13.4% during the 2nd 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 position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $10,123,000. Eagle Asset Management Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares during the last quarter. TPG Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $295,000. Finally, Alternative Investment Advisors LLC. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $350,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

iShares 1-3 Year Treasury Bond ETF stock traded up $0.01 on Monday, reaching $81.84. 1,866,854 shares of the stock were exchanged, compared to its average volume of 3,407,667. The stock has a market cap of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a fifty day moving average price of $82.02 and a two-hundred day moving average price of $82.31.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.11%. The ex-dividend date was Wednesday, December 18th.

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.