Whitegate Investment Counselors Inc. Sells 975 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Whitegate Investment Counselors Inc. cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,839 shares of the company’s stock after selling 975 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,546,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Assetmark Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after purchasing an additional 6,751,373 shares during the period. Cornell University bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $35,212,000. International Assets Investment Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $119,012,000. Charles Schwab Investment Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 20.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after acquiring an additional 939,567 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 43.6% in the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after acquiring an additional 744,074 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY traded up $0.13 during trading on Friday, reaching $81.30. The company’s stock had a trading volume of 4,960,204 shares, compared to its average volume of 4,570,730. The stock has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04. The firm has a fifty day moving average of $81.46 and a 200 day moving average of $81.57. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a $0.2616 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

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.