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

by · The Cerbat Gem

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

Several other institutional investors also recently bought and sold shares of SHY. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $37,000. Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $68,000. Creative Financial Designs Inc. ADV lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $76,000. Finally, Bristlecone Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $78,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.10 on Friday. 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 cap of $22.75 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day simple moving average is $82.01 and its 200-day simple moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

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