Donaldson Capital Management LLC Trims Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Donaldson Capital Management LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 28.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,426 shares of the company’s stock after selling 1,737 shares during the period. Donaldson Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $363,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Coppell Advisory Solutions Corp. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Global Wealth Management Investment Advisory Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $35,000. Fortitude Family Office LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Stonebridge Capital Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock worth $45,000 after buying an additional 554 shares in the last quarter. Finally, Impact Partnership Wealth LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 114.4% in the 3rd quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after purchasing an additional 342 shares in the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY traded down $0.03 during mid-day trading on Tuesday, hitting $81.15. The stock had a trading volume of 593,539 shares, compared to its average volume of 4,600,728. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.60. The company has a 50 day simple moving average of $81.61 and a 200 day simple moving average of $81.55.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.2705 dividend. This represents a $3.25 annualized dividend and a yield of 4.00%. The ex-dividend date was Monday, April 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.