AlphaCore Capital LLC Sells 632 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

AlphaCore Capital LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 65.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 332 shares of the company’s stock after selling 632 shares during the quarter. AlphaCore Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $27,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Arkadios Wealth Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 222.5% during the 1st quarter. Arkadios Wealth Advisors now owns 41,248 shares of the company’s stock valued at $3,412,000 after purchasing an additional 28,456 shares during the period. Howard Capital Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% in the first quarter. Howard Capital Management Inc. now owns 17,985 shares of the company’s stock worth $1,488,000 after purchasing an additional 792 shares during the last quarter. Alliance Wealth Management Group raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the first quarter. Alliance Wealth Management Group now owns 5,530 shares of the company’s stock valued at $457,000 after purchasing an additional 163 shares during the last quarter. Harbour Investments Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 38.1% during the first quarter. Harbour Investments Inc. now owns 3,880 shares of the company’s stock valued at $321,000 after acquiring an additional 1,071 shares during the last quarter. Finally, Wealthquest Corp bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $235,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $83.08 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.67 and a 52-week high of $83.14. The firm has a market capitalization of $23.99 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day simple moving average of $82.93 and a two-hundred day simple moving average of $82.71.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued 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. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd.

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.