Pointe Capital Management LLC Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pointe Capital Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 76,973 shares of the company’s stock after purchasing an additional 5,749 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 3.9% of Pointe Capital Management LLC’s holdings, making the stock its 5th largest holding. Pointe Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,295,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. EP Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $145,000. VisionPoint Advisory Group LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 23.4% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 176,180 shares of the company’s stock worth $14,265,000 after acquiring an additional 33,365 shares during the last quarter. Appleton Partners Inc. MA grew its position in iShares 1-3 Year Treasury Bond ETF by 10.8% during the 4th quarter. Appleton Partners Inc. MA now owns 3,521 shares of the company’s stock worth $289,000 after acquiring an additional 344 shares during the last quarter. Anchor Investment Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $110,000. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4,604.0% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 9,408 shares of the company’s stock worth $772,000 after buying an additional 9,208 shares in 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 remained flat at $81.96 during trading hours on Monday. The company’s stock had a trading volume of 3,329,931 shares, compared to its average volume of 3,970,841. The company’s fifty day moving average is $81.49 and its 200 day moving average is $81.61. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.62 and a 12-month high of $82.39. The firm has a market capitalization of $23.87 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a dividend of $0.2704 per share. This represents a $3.24 annualized dividend and a yield of 3.96%. The ex-dividend date was Monday, July 1st.

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.