271,765 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Purchased by Moment Partners LLC

Moment Partners LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 271,765 shares of the company’s stock, valued at approximately $22,279,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 4.2% of Moment Partners LLC’s holdings, making the stock its 7th largest holding. Moment Partners LLC owned about 0.10% of iShares 1-3 Year Treasury Bond ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Proficio Capital Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% during the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock worth $8,840,000 after purchasing an additional 36,585 shares during the last quarter. Simplicity Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $719,000. Pinnacle Financial Partners Inc increased its position in iShares 1-3 Year Treasury Bond ETF by 12.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after buying an additional 22,721 shares during the last quarter. Zhang Financial LLC raised its stake in shares of 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 valued at $1,041,000 after buying an additional 1,859 shares during the period. Finally, Purus Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after buying an additional 530 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.48 on Thursday. The firm has a market cap of $23.24 billion, a P/E ratio of 3,745.00 and a beta of 0.01. 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 business has a 50-day moving average of $82.26 and a 200 day moving average of $82.31.

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 paid a dividend of $0.2531 per share. 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.