Occidental Asset Management LLC Increases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Occidental Asset Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 107.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,512 shares of the company’s stock after buying an additional 3,372 shares during the period. Occidental Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Edgestream Partners L.P. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 299.2% during the second quarter. Edgestream Partners L.P. now owns 42,066 shares of the company’s stock valued at $3,435,000 after buying an additional 31,528 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in iShares 1-3 Year Treasury Bond ETF by 58.1% during the second quarter. Mercer Global Advisors Inc. ADV now owns 257,170 shares of the company’s stock valued at $20,998,000 after acquiring an additional 94,534 shares during the last quarter. Bright Financial Advisors Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $993,000. Leuthold Group LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.4% during the second quarter. Leuthold Group LLC now owns 143,792 shares of the company’s stock worth $11,741,000 after purchasing an additional 560 shares in the last quarter. Finally, ProVise Management Group LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $490,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.10 on Friday. The business has a fifty day moving average price of $82.01 and a 200-day moving average price of $82.32. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market capitalization of $22.75 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.