Bank of Jackson Hole Trust Takes $156,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bank of Jackson Hole Trust purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,899 shares of the company’s stock, valued at approximately $156,000.

A number of other institutional investors have also recently made changes to their positions in SHY. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Van ECK Associates Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the last quarter. Roxbury Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $36,000. Logan Capital Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. Finally, Creative Capital Management Investments LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.09 on Thursday. The company’s fifty day moving average is $82.00 and its 200 day moving average is $82.35. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The stock has a market capitalization of $23.13 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.