iShares 1-3 Year Treasury Bond ETF $SHY is Sugar Maple Asset Management LLC’s 8th Largest Position

by · The Cerbat Gem

Sugar Maple Asset Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,326 shares of the company’s stock after acquiring an additional 6,123 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 4.4% of Sugar Maple Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. Sugar Maple Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,487,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Semitam Bonam LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.9% during the 4th quarter. Semitam Bonam LLC now owns 58,792 shares of the company’s stock worth $4,869,000 after acquiring an additional 3,775 shares in the last quarter. Savvy Advisors Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $1,430,000. NTV Asset Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.2% in the fourth quarter. NTV Asset Management LLC now owns 24,245 shares of the company’s stock valued at $2,008,000 after purchasing an additional 747 shares in the last quarter. Global Trust Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 12,184.8% in the fourth quarter. Global Trust Asset Management LLC now owns 184,272 shares of the company’s stock valued at $15,261,000 after purchasing an additional 182,772 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $345,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.36 on Friday. The stock has a market cap of $24.69 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The company’s 50 day moving average is $82.74 and its two-hundred day moving average is $82.84.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be given a $0.2469 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

(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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