Donaldson Capital Management LLC Sells 517 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Donaldson Capital Management LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,909 shares of the company’s stock after selling 517 shares during the quarter. Donaldson Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Balentine LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 1.5% during the third quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock worth $748,328,000 after acquiring an additional 136,230 shares during the period. Assetmark Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after purchasing an additional 6,751,373 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after purchasing an additional 177,582 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after buying an additional 939,567 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% in the third quarter. Bank of New York Mellon Corp now owns 5,114,732 shares of the company’s stock valued at $414,140,000 after buying an additional 350,025 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock traded up $0.02 during mid-day trading on Friday, reaching $81.21. 3,071,548 shares of the company were exchanged, compared to its average volume of 4,538,988. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.60. The firm has a market cap of $24.57 billion, a PE ratio of 3,690.68 and a beta of 0.01. The company has a fifty day simple moving average of $81.51 and a 200-day simple moving average of $81.56.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%.

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.