iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,000 shares of the company’s stock after selling 3,575 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $495,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SHY. Accredited Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $25,000. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $30,000. Van ECK Associates Corp lifted 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 worth $32,000 after acquiring an additional 187 shares during the last quarter. Millstone Evans Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000. Finally, Carolinas Wealth Consulting LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 162.2% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after acquiring an additional 253 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.29 on Wednesday. The stock has a 50 day moving average of $82.58 and a 200-day moving average of $82.30. The firm has a market capitalization of $24.17 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.26 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, June 2nd will be paid a dividend of $0.2718 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date is Monday, June 2nd.

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.