Cwm LLC Trims Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Cwm LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,270 shares of the company’s stock after selling 17,109 shares during the quarter. Cwm LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,890,000 at the end of the most recent quarter.

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

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.79 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.81 and a one year high of $83.14. The stock has a market capitalization of $23.90 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50 day moving average price is $82.89 and its 200 day moving average price is $82.78.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.