Cwm LLC Sells 9,068 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Cwm LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 122,202 shares of the company’s stock after selling 9,068 shares during the quarter. Cwm LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,121,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Harbor Investment Advisory LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 16.7% during the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock worth $3,740,000 after acquiring an additional 6,436 shares during the period. First Horizon Corp bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $2,116,000. Cadence Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $5,524,000. Childress Capital Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $896,000. Finally, JARISLOWSKY FRASER Ltd lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 66.9% during the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock worth $3,445,000 after acquiring an additional 16,647 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.64 on Monday. The business’s fifty day simple moving average is $82.66 and its 200 day simple moving average is $82.80. The firm has a market capitalization of $25.70 billion, a P/E 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.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a $0.2469 dividend. The ex-dividend date was Wednesday, April 1st. 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%.

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.