White Pine Capital LLC Sells 1,079 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

White Pine Capital LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,768 shares of the company’s stock after selling 1,079 shares during the period. White Pine Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,047,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SHY. Assetmark Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% during the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after acquiring an additional 6,751,373 shares in the last quarter. Cornell University bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $35,212,000. International Assets Investment Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $119,012,000. Charles Schwab Investment Management Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after acquiring an additional 939,567 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% during the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after acquiring an additional 744,074 shares in the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded up $0.02 during midday trading on Friday, hitting $81.21. 3,071,548 shares of the company’s stock 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 company has a market cap of $24.57 billion, a PE ratio of 3,690.68 and a beta of 0.01. The stock has a 50 day moving average price of $81.51 and a 200-day moving average price of $81.56.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

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.