iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Sugar Maple Asset Management LLC’s 6th Largest Position

Sugar Maple Asset Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 77,016 shares of the company’s stock after buying an additional 1,739 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 4.8% of Sugar Maple Asset Management LLC’s investment portfolio, making the stock its 6th biggest holding. Sugar Maple Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,314,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHY. Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $37,000. Global Trust Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $68,000. Creative Financial Designs Inc. ADV boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $76,000. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $78,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.08 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock has a 50-day simple moving average of $82.01 and a 200-day simple moving average of $82.33. The stock has a market capitalization of $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

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.