Robinson Value Management Ltd. Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Robinson Value Management Ltd. increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,049 shares of the company’s stock after buying an additional 262 shares during the period. Robinson Value Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,480,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SHY. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after buying an additional 1,193,337 shares in the last quarter. Barclays PLC raised its position in iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after purchasing an additional 1,123,670 shares during the period. The Manufacturers Life Insurance Company raised its position in iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the period. Finally, Mizuho Markets Americas LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $44,917,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $81.97 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’s 50 day simple moving average is $82.02 and its two-hundred day simple moving average is $82.36. The company has a market cap of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

About iShares 1-3 Year Treasury Bond ETF

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.