Topel & Distasi Wealth Management LLC Sells 2,971 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Topel & Distasi Wealth Management LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 41,624 shares of the company’s stock after selling 2,971 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 1.8% of Topel & Distasi Wealth Management LLC’s holdings, making the stock its 17th biggest position. Topel & Distasi Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHY. Hantz Financial Services Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in 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 period. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $39,000. Flaharty Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $40,000. Finally, Garrison Bradford & Associates Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $41,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.83 on Monday. The firm has a market capitalization of $23.91 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average is $82.92 and its two-hundred day moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.67 and a 1 year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.2627 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.