Idaho Trust Bank Reduces Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Idaho Trust Bank reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 70.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,676 shares of the company’s stock after selling 8,611 shares during the period. Idaho Trust Bank’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $301,000 at the end of the most recent reporting period.

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

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

NASDAQ SHY opened at $82.48 on Wednesday. The stock’s 50 day moving average is $82.15 and its 200 day moving average is $82.33. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market cap of $23.24 billion, a PE ratio of 3,755.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

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.