Everstar Asset Management LLC Raises Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Everstar Asset Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 87,666 shares of the company’s stock after purchasing an additional 9,560 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 5.1% of Everstar Asset Management LLC’s investment portfolio, making the stock its 2nd largest holding. Everstar Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,187,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after acquiring an additional 8,173,293 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $389,029,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after purchasing an additional 3,731,847 shares during the last quarter. Essential Planning LLC. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% in the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock worth $201,794,000 after purchasing an additional 2,405,880 shares in the last quarter. Finally, Assetmark Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 94.0% during the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after buying an additional 1,975,432 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.67 on Monday. The stock has a market cap of $23.30 billion, a PE ratio of 3,745.00 and a beta of 0.01. The stock has a 50-day moving average of $82.28 and a two-hundred day moving average of $82.30. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given 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.