Tidal Investments LLC Lowers Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Tidal Investments LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 34.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,859 shares of the company’s stock after selling 33,969 shares during the period. Tidal Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,408,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SHY. Bienville Capital Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 85.4% during the 2nd quarter. Bienville Capital Management LLC now owns 66,573 shares of the company’s stock valued at $5,466,000 after buying an additional 30,659 shares in the last quarter. Capital Analysts LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.4% during the second quarter. Capital Analysts LLC now owns 34,216 shares of the company’s stock worth $2,809,000 after acquiring an additional 2,061 shares during the last quarter. RFG Advisory LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.3% during the second quarter. RFG Advisory LLC now owns 36,097 shares of the company’s stock worth $2,964,000 after acquiring an additional 1,140 shares during the last quarter. Pointe Capital Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 15.4% during the second quarter. Pointe Capital Management LLC now owns 136,813 shares of the company’s stock worth $11,234,000 after acquiring an additional 18,270 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 16.6% during the second quarter. IFP Advisors Inc now owns 180,492 shares of the company’s stock valued at $14,820,000 after acquiring an additional 25,675 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $81.37 on Monday. The company has a market cap of $24.92 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average is $81.87 and its two-hundred day moving average is $82.17. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.34 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.244 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.