Balefire LLC Sells 53,375 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Balefire LLC trimmed its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 78,270 shares of the company’s stock after selling 53,375 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 1.2% of Balefire LLC’s investment portfolio, making the stock its 16th largest holding. Balefire LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,463,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SHY. Parallel Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% during the 1st quarter. Parallel Advisors LLC now owns 48,401 shares of the company’s stock valued at $3,997,000 after acquiring an additional 1,797 shares during the last quarter. AlphaCentric Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 171.9% in the 1st quarter. AlphaCentric Advisors LLC now owns 9,461 shares of the company’s stock worth $781,000 after purchasing an additional 5,981 shares during the period. Marshall & Sterling Wealth Advisors Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 18.3% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 13,340 shares of the company’s stock valued at $1,101,000 after buying an additional 2,065 shares during the last quarter. Little House Capital LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 54.6% during the 1st quarter. Little House Capital LLC now owns 115,875 shares of the company’s stock valued at $9,568,000 after buying an additional 40,929 shares during the last quarter. Finally, AIA Group Ltd raised its stake in iShares 1-3 Year Treasury Bond ETF by 18.5% during the 1st quarter. AIA Group Ltd now owns 890,071 shares of the company’s stock valued at $73,493,000 after buying an additional 138,994 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.99 on Monday. The stock has a market capitalization of $25.61 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.79 and a 1-year high of $83.20. The business’s fifty day moving average price is $82.04 and its 200-day moving average price is $82.46.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

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.