Ridgewood Investments LLC Purchases 775 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ridgewood Investments LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,267 shares of the company’s stock after purchasing an additional 775 shares during the period. Ridgewood Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $268,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $68,000. Creative Financial Designs Inc. ADV increased its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying 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 worth about $76,000. Finally, Bristlecone Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $78,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

NASDAQ SHY traded down $0.09 during trading hours on Friday, reaching $81.89. 1,176,260 shares of the company were exchanged, compared to its average volume of 2,820,785. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The business’s 50 day simple moving average is $82.02 and its 200-day simple moving average is $82.30. The stock has a market capitalization of $22.73 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 business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.11%.

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.