Prospera Financial Services Inc Decreases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Prospera Financial Services Inc lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.3% in the second quarter, HoldingsChannel reports. The fund owned 33,493 shares of the company’s stock after selling 9,049 shares during the period. Prospera Financial Services Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,775,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SHY. Hantz Financial Services Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after buying an additional 125 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $39,000. Flaharty Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $40,000. Finally, Garrison Bradford & Associates Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $41,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

SHY stock opened at $82.81 on Tuesday. The firm’s 50-day moving average price is $82.92 and its two-hundred day moving average price is $82.69. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The stock has a market capitalization of $23.91 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a $0.2627 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.