iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 315,090 shares of the company’s stock after selling 12,975 shares during the period. Advisory Services Network LLC owned approximately 0.11% of iShares 1-3 Year Treasury Bond ETF worth $26,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Key Financial Inc grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 287 shares during the last quarter. Delos Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $29,000. Howe & Rusling Inc. increased its stake in 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. Finally, Accredited Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after buying an additional 150 shares during 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 Performance

SHY stock opened at $82.66 on Wednesday. The stock has a market capitalization of $24.16 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company has a fifty day moving average of $82.85 and a 200-day moving average of $82.88. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.223 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

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.