PFG Investments LLC Has $695,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

PFG Investments LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,471 shares of the company’s stock after selling 1,126 shares during the quarter. PFG Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHY. Coppell Advisory Solutions Corp. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $30,000. Global Wealth Management Investment Advisory Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth $35,000. Fortitude Family Office LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $45,000. Stonebridge Capital Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock worth $45,000 after acquiring an additional 554 shares during the last quarter. Finally, Indiana Trust & Investment Management CO bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $49,000. 18.38% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.83 on Thursday. The company’s 50 day simple moving average is $81.80 and its 200-day simple moving average is $81.49. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.61.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a dividend of $0.2405 per share. This represents a $2.89 annualized dividend and a dividend yield of 3.53%. The ex-dividend date was Friday, March 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.