White Pine Investment CO Sells 55,514 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

White Pine Investment CO reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 89.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,323 shares of the company’s stock after selling 55,514 shares during the period. White Pine Investment CO’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $524,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SHY. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares during the period. Mizuho Markets Americas LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 93.4% in the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1,164.2% in the 3rd quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock valued at $86,358,000 after purchasing an additional 958,615 shares during the period. Barclays PLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% in the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after purchasing an additional 762,773 shares during the period. Finally, Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $53,414,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ:SHY opened at $82.48 on Friday. The stock has a market cap of $25.71 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average price is $82.63 and its two-hundred day moving average price is $82.79. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.2469 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF 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.