DAVENPORT & Co LLC Decreases Stake in iShares 1-3 Year Treasury Bond ETF $SHY

DAVENPORT & Co LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,975 shares of the company’s stock after selling 12,075 shares during the period. DAVENPORT & Co LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of SHY. Hantz Financial Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $25,000. Delos Wealth Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $29,000. Howe & Rusling Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after acquiring an additional 361 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $39,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.73 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.73 and a 1 year high of $83.14. The company has a market capitalization of $23.88 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company has a fifty day moving average of $82.90 and a 200 day moving average of $82.77.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.2548 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF Company 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.