iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,702 shares of the company’s stock after selling 417 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,484,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SHY. Golden State Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Van ECK Associates Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares in the last quarter. Roxbury Financial LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $36,000. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $37,000. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.62 on Friday. The business has a 50 day moving average price of $82.06 and a 200 day moving average price of $82.34. The company has a market capitalization of $23.08 billion, a P/E ratio of 3,755.45 and a beta of 0.03. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

About iShares 1-3 Year Treasury Bond ETF

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.