Ironwood Investment Counsel LLC Has $1.30 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ironwood Investment Counsel LLC trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 15,823 shares of the company’s stock after selling 2,750 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,297,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired 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 boosted its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $36,000. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $37,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $45,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ:SHY opened at $82.48 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The firm has a market cap of $23.24 billion, a P/E ratio of 3,755.45 and a beta of 0.01. The company’s 50-day moving average price is $82.16 and its two-hundred day moving average price is $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

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.