A. D. Beadell Investment Counsel Inc. Has $442,000 Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

A. D. Beadell Investment Counsel Inc. trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,399 shares of the company’s stock after selling 1,006 shares during the period. A. D. Beadell Investment Counsel Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $442,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of SHY. Captrust Financial Advisors boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. Cerity Partners OCIO LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. LPL Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares during the period. Barclays PLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after purchasing an additional 546,239 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY traded down $0.10 during trading on Friday, reaching $81.88. The company had a trading volume of 1,010,694 shares, compared to its average volume of 2,794,878. The stock has a market cap of $22.73 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s fifty day moving average price is $82.02 and its 200-day moving average price is $82.30. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders 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 annualized dividend and a yield of 4.11%.

About iShares 1-3 Year Treasury Bond ETF

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.