Fidelity D & D Bancorp Inc. Raises Position in iShares 1-3 Year Treasury Bond ETF $SHY

Fidelity D & D Bancorp Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 24.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 63,831 shares of the company’s stock after buying an additional 12,506 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 2.3% of Fidelity D & D Bancorp Inc.’s investment portfolio, making the stock its 16th largest position. Fidelity D & D Bancorp Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,286,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Key Financial Inc increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares during the last quarter. Holos Integrated Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $29,000. Valley National Advisers Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $33,000. Finally, Accredited Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.12 on Tuesday. The company has a market capitalization of $25.15 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock has a 50 day moving average of $82.37 and a 200 day moving average of $82.69. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.00 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.2428 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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