FDx Advisors Inc. Sells 2,387 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

FDx Advisors Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) by 22.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,154 shares of the company’s stock after selling 2,387 shares during the period. FDx Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $662,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 40.3% in the 4th quarter. Signaturefd LLC now owns 1,675 shares of the company’s stock worth $136,000 after buying an additional 481 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 27.6% in the 4th quarter. DAVENPORT & Co LLC now owns 21,193 shares of the company’s stock worth $1,720,000 after buying an additional 4,586 shares during the last quarter. AJ Wealth Strategies LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $378,000. Cypress Capital Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $292,000. Finally, Ellis Investment Partners LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.2% in the 3rd quarter. Ellis Investment Partners LLC now owns 4,858 shares of the company’s stock worth $394,000 after buying an additional 238 shares during the last quarter. 22.85% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.78 on Monday. The company’s 50-day moving average price is $82.12 and its 200-day moving average price is $81.71. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.48 and a twelve month high of $83.53.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were issued a $0.191 dividend. The ex-dividend date was Monday, May 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.18. This represents a $2.29 dividend on an annualized basis and a dividend yield of 2.80%.

About iShares 1-3 Year Treasury Bond ETF

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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.