iShares 1-3 Year Treasury Bond ETF $SHY Stock Holdings Cut by GFS Advisors LLC

GFS Advisors LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,677 shares of the company’s stock after selling 444 shares during the quarter. GFS Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $222,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DMC Group LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.7% during the 1st quarter. DMC Group LLC now owns 7,417 shares of the company’s stock valued at $614,000 after purchasing an additional 122 shares in the last quarter. CNB Bank lifted its position in shares of 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 valued at $167,000 after acquiring an additional 125 shares during the last quarter. Apollon Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 1st quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after acquiring an additional 125 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares during the last quarter. Finally, Robinson Value Management Ltd. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 1st quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock valued at $1,504,000 after acquiring an additional 128 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.93 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.12. The stock has a fifty day moving average of $82.83 and a 200-day moving average of $82.64. The company has a market capitalization of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2563 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, October 1st.

About iShares 1-3 Year Treasury Bond ETF

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.