iShares 1-3 Year Treasury Bond ETF $SHY is Element Pointe Advisors LLC’s 3rd Largest Position

Element Pointe Advisors LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 495,769 shares of the company’s stock after selling 36,641 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 9.9% of Element Pointe Advisors LLC’s holdings, making the stock its 3rd largest position. Element Pointe Advisors LLC owned approximately 0.18% of iShares 1-3 Year Treasury Bond ETF worth $41,079,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Live Oak Private Wealth LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.9% in the second quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock valued at $548,000 after acquiring an additional 123 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. Stolper Co lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the 2nd quarter. Stolper Co now owns 8,250 shares of the company’s stock valued at $684,000 after purchasing an additional 132 shares during the last quarter. Invesco Ltd. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% in the 1st quarter. Invesco Ltd. now owns 6,996 shares of the company’s stock valued at $579,000 after purchasing an additional 133 shares during the last quarter. Finally, Calton & Associates Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the first quarter. Calton & Associates Inc. now owns 10,136 shares of the company’s stock worth $839,000 after purchasing an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.87 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.14. The stock’s 50-day moving average is $82.92 and its two-hundred day moving average is $82.75. The firm has a market cap of $23.92 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a $0.2488 dividend. The ex-dividend date was Monday, December 1st.

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.