Avaii Wealth Management LLC Sells 303 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Avaii Wealth Management LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,908 shares of the company’s stock after selling 303 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. A. D. Beadell Investment Counsel Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.4% in the 1st quarter. A. D. Beadell Investment Counsel Inc. now owns 5,526 shares of the company’s stock worth $457,000 after purchasing an additional 127 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock worth $813,000 after purchasing an additional 136 shares in the last quarter. Spreng Capital Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock worth $852,000 after purchasing an additional 140 shares in the last quarter. Blueprint Investment Partners LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% in the 4th quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock worth $546,000 after purchasing an additional 142 shares in the last quarter. Finally, Cabot Wealth Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.3% in the 4th quarter. Cabot Wealth Management Inc. now owns 59,923 shares of the company’s stock worth $4,912,000 after purchasing an additional 161 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.41 on Friday. The stock has a market capitalization of $24.20 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.29 and a 1-year high of $83.30. The business has a fifty day moving average price of $82.54 and a 200-day moving average price of $82.31.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a $0.2718 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.96%.

iShares 1-3 Year Treasury Bond ETF 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.