Smithfield Trust Co Raises Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Smithfield Trust Co lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,046,433 shares of the company’s stock after purchasing an additional 34,101 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 4.3% of Smithfield Trust Co’s portfolio, making the stock its 4th largest holding. Smithfield Trust Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $85,778,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Eagle Asset Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,938 shares in the last quarter. Pinnacle Financial Partners Inc boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after purchasing an additional 22,721 shares in the last quarter. Zhang Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 17.1% in the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after purchasing an additional 1,859 shares during the period. Purus Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 8.6% in the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after purchasing an additional 530 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in iShares 1-3 Year Treasury Bond ETF by 9.8% during the fourth quarter. IFP Advisors Inc now owns 12,091 shares of the company’s stock valued at $991,000 after buying an additional 1,083 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

Shares of SHY stock opened at $82.43 on Wednesday. The company’s fifty day moving average price is $82.09 and its 200-day moving average price is $82.34. The stock has a market cap of $23.23 billion, a PE ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2531 per share. The ex-dividend date of this dividend is Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.