Rovin Capital UT ADV Boosts Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Rovin Capital UT ADV grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 331.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,263 shares of the company’s stock after buying an additional 78,582 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 3.0% of Rovin Capital UT ADV’s portfolio, making the stock its 8th biggest holding. Rovin Capital UT ADV’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,384,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $37,000. Global Trust Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $68,000. Creative Financial Designs Inc. ADV boosted its stake in shares of 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 worth $73,000 after acquiring an additional 167 shares during the period. Eagle Bay Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $76,000. Finally, Bristlecone Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $78,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ SHY opened at $82.05 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market cap of $22.79 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day moving average is $82.01 and its 200 day moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued 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.