NCM Capital Management LLC Purchases 227 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NCM Capital Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,962 shares of the company’s stock after acquiring an additional 227 shares during the quarter. NCM Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $735,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SHY. Bank of America Corp DE raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 9.4% in the 4th quarter. Bank of America Corp DE now owns 15,282,874 shares of the company’s stock worth $1,252,890,000 after acquiring an additional 1,308,640 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 47.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after purchasing an additional 3,731,847 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% during the fourth quarter. Captrust Financial Advisors now owns 9,232,624 shares of the company’s stock valued at $756,890,000 after buying an additional 766,782 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after buying an additional 8,173,293 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the 4th quarter. Wells Fargo & Company MN now owns 5,483,336 shares of the company’s stock valued at $449,524,000 after buying an additional 59,920 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0%

NASDAQ:SHY opened at $82.44 on Wednesday. The stock has a market capitalization of $23.88 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.21 and a 52 week high of $83.30. The firm has a 50 day moving average of $82.59 and a 200 day moving average of $82.27.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a dividend of $0.2592 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.11 annualized dividend and a yield of 3.77%.

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.