Focus Partners Advisor Solutions LLC Has $6.09 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Focus Partners Advisor Solutions LLC trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,526 shares of the company’s stock after selling 9,849 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,092,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Golden State Wealth Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 453.0% during the 1st quarter. Golden State Wealth Management LLC now owns 2,046 shares of the company’s stock worth $169,000 after purchasing an additional 1,676 shares during the last quarter. CNB Bank lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.6% during the 1st quarter. CNB Bank now owns 2,018 shares of the company’s stock worth $167,000 after purchasing an additional 125 shares during the last quarter. TFC Financial Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.2% during the 1st quarter. TFC Financial Management Inc. now owns 880,742 shares of the company’s stock worth $72,864,000 after purchasing an additional 19,365 shares during the last quarter. Etesian Wealth Advisors Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $237,000. Finally, Trust Co. of Vermont lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 998.6% during the 1st quarter. Trust Co. of Vermont now owns 780 shares of the company’s stock worth $65,000 after purchasing an additional 709 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

NASDAQ:SHY opened at $83.11 on Friday. The stock has a market cap of $24.34 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The stock has a 50 day simple moving average of $82.91 and a 200 day simple moving average of $82.68. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.2563 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.