Element Wealth LLC Cuts Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Element Wealth LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,750 shares of the company’s stock after selling 480 shares during the period. Element Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,291,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Van ECK Associates Corp grew its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the last quarter. Roxbury Financial LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $36,000. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $37,000. Finally, Creative Capital Management Investments LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $45,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

SHY opened at $82.24 on Friday. The firm has a market cap of $23.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The business’s fifty day simple moving average is $82.00 and its 200 day simple moving average is $82.35.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.