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

New Capital Management LP lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 0.9% of New Capital Management LP’s portfolio, making the stock its 16th largest position. New Capital Management LP’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Ridgewood Investments LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 31.1% in the 4th quarter. Ridgewood Investments LLC now owns 3,267 shares of the company’s stock valued at $268,000 after acquiring an additional 775 shares in the last quarter. ORG Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.7% in the 4th quarter. ORG Partners LLC now owns 37,703 shares of the company’s stock valued at $3,091,000 after purchasing an additional 2,049 shares during the period. Farmers Trust Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 133.4% in the 4th quarter. Farmers Trust Co. now owns 16,804 shares of the company’s stock valued at $1,378,000 after purchasing an additional 9,604 shares during the period. International Assets Investment Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $1,017,000. Finally, Innova Wealth Partners bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $21,163,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY traded up $0.01 on Monday, hitting $81.84. The company’s stock had a trading volume of 1,866,854 shares, compared to its average volume of 3,407,667. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company’s 50-day moving average is $82.02 and its 200 day moving average is $82.31. The firm 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 Cuts Dividend

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

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.