iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by FLP Wealth Management LLC

FLP Wealth Management LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 83.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,242 shares of the company’s stock after selling 6,393 shares during the quarter. FLP Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $103,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Key Financial Inc grew its stake in shares of 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 purchasing an additional 196 shares during the period. Pflug Koory LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the period. Delos Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $29,000. Holos Integrated Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Finally, Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.36 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The firm has a market capitalization of $24.70 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s 50-day moving average is $82.74 and its two-hundred day moving average is $82.84.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.2469 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, April 1st. 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.