Ascent Group LLC Sells 51,976 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Ascent Group LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,038 shares of the company’s stock after selling 51,976 shares during the quarter. Ascent Group LLC owned about 0.06% of iShares 1-3 Year Treasury Bond ETF worth $15,351,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SHY. Ergawealth Advisors Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $217,000. Clark Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $213,000. Klaas Financial Asset Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% in the third quarter. Klaas Financial Asset Advisors LLC now owns 242,514 shares of the company’s stock worth $20,119,000 after buying an additional 5,257 shares in the last quarter. Warner Financial Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $282,000. Finally, Continuum Advisory LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 5.7% during the third quarter. Continuum Advisory LLC now owns 24,245 shares of the company’s stock worth $2,011,000 after buying an additional 1,305 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 Stock Up 0.0%

Shares of NASDAQ SHY opened at $82.85 on Wednesday. The stock’s 50-day simple moving average is $82.88 and its two-hundred day simple moving average is $82.79. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.81 and a twelve month high of $83.14. The firm has a market capitalization 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 Cuts Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.