Optima Capital LLC Sells 6,903 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Optima Capital LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 87.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,021 shares of the company’s stock after selling 6,903 shares during the period. Optima Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $85,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 8.3% in the fourth quarter. Assetmark Inc. now owns 2,173,227 shares of the company’s stock valued at $179,987,000 after purchasing an additional 165,633 shares during the last quarter. Blue Fin Capital Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 6.2% in the fourth quarter. Blue Fin Capital Inc. now owns 34,585 shares of the company’s stock worth $2,864,000 after buying an additional 2,032 shares during the last quarter. Webster Bank N. A. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 154.9% in the fourth quarter. Webster Bank N. A. now owns 6,516 shares of the company’s stock valued at $540,000 after buying an additional 3,960 shares during the period. Valley National Advisers Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $33,000. Finally, Stanley Laman Group Ltd. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.6% during the 4th quarter. Stanley Laman Group Ltd. now owns 4,789 shares of the company’s stock valued at $397,000 after buying an additional 851 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.53 on Wednesday. The company has a market capitalization of $25.49 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20. The stock has a fifty day moving average of $82.68 and a 200-day moving average of $82.81.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.2469 per share. This represents a c) annualized dividend and a yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, 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.