iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Retirement Financial Solutions LLC

Retirement Financial Solutions LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,530 shares of the company’s stock after selling 3,394 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 2.2% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 13th biggest position. Retirement Financial Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,142,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Golden State Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $30,000. Van ECK Associates Corp raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the period. Roxbury Financial LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $36,000. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $37,000. Finally, AlphaMark Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $63,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

SHY stock opened at $82.10 on Tuesday. The business’s fifty day moving average price is $82.01 and its 200 day moving average price is $82.36. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2735 dividend. 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.