US Bancorp DE Cuts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

US Bancorp DE cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 800,267 shares of the company’s stock after selling 25,715 shares during the period. US Bancorp DE owned 0.28% of iShares 1-3 Year Treasury Bond ETF worth $65,606,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SHY. Center For Asset Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after buying an additional 145 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares during the last quarter. Acorn Wealth Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares in the last quarter. Rehmann Capital Advisory Group grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after purchasing an additional 152 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock worth $818,000 after purchasing an additional 153 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.62 on Friday. The firm has a market cap of $23.08 billion, a PE ratio of 3,755.45 and a beta of 0.03. The stock has a 50 day moving average of $82.06 and a 200 day moving average of $82.34. 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.