Prospera Financial Services Inc Trims Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Prospera Financial Services Inc trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,886 shares of the company’s stock after selling 7,966 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,061,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Key Financial Inc increased its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $29,000. Holos Integrated Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $29,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $33,000. Finally, Accredited Wealth Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 50.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after buying an additional 150 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0%

NASDAQ:SHY opened at $82.22 on Thursday. The business’s 50-day simple moving average is $82.36 and its two-hundred day simple moving average is $82.68. The stock has a market cap of $25.18 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.00 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2428 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.