AdvisorNet Financial Inc Sells 17,137 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

AdvisorNet Financial Inc reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,381 shares of the company’s stock after selling 17,137 shares during the quarter. AdvisorNet Financial Inc owned about 0.05% of iShares 1-3 Year Treasury Bond ETF worth $12,455,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Key Financial Inc lifted its position in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares during the period. Pflug Koory LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares during the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Holos Integrated Wealth LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $29,000. Finally, Delos Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $29,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.36 on Friday. The stock has a market cap of $24.70 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The company has a 50-day moving average of $82.74 and a 200 day moving average of $82.84.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.2469 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Wednesday, April 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.