Victory Capital Management Inc. Sells 48,002 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Victory Capital Management Inc. reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 517,731 shares of the company’s stock after selling 48,002 shares during the quarter. Victory Capital Management Inc. owned about 0.17% of iShares 1-3 Year Treasury Bond ETF worth $42,475,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Barrett & Company Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock valued at $769,000 after acquiring an additional 125 shares during the period. Advanced Asset Management Advisors Inc lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.5% during the fourth quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock valued at $708,000 after purchasing an additional 128 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock valued at $414,000 after purchasing an additional 133 shares during the last quarter. Straight Path Wealth Management lifted its position in iShares 1-3 Year Treasury Bond ETF by 4.8% during the fourth quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock valued at $270,000 after purchasing an additional 150 shares during the last quarter. Finally, Seelaus Asset Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Seelaus Asset Management LLC now owns 6,757 shares of the company’s stock valued at $554,000 after purchasing an additional 150 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.30 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.60. The firm has a market cap of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04. The company has a 50 day simple moving average of $81.46 and a two-hundred day simple moving average of $81.58.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.2616 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.14 annualized dividend and a yield of 3.86%.

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.