White Pine Investment CO Has $524,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

White Pine Investment CO cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 89.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,323 shares of the company’s stock after selling 55,514 shares during the quarter. White Pine Investment CO’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $524,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SHY. Key Financial Inc boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after buying an additional 196 shares in the last quarter. Pflug Koory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $29,000. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $29,000. Finally, Valley National Advisers Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $33,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ:SHY opened at $82.48 on Friday. The stock has a market cap of $25.71 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 12-month low of $82.21 and a 12-month high of $83.20. The business’s 50 day moving average is $82.63 and its 200 day moving average is $82.79.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF Company 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.