PFG Investments LLC Sells 1,126 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

PFG Investments LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,471 shares of the company’s stock after selling 1,126 shares during the period. PFG Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $695,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coppell Advisory Solutions Corp. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $30,000. Global Wealth Management Investment Advisory Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $35,000. Fortitude Family Office LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $45,000. Stonebridge Capital Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 55,400.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock worth $45,000 after acquiring an additional 554 shares in the last quarter. Finally, Indiana Trust & Investment Management CO purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $49,000. Hedge funds and other institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $81.83 on Thursday. The stock’s fifty day moving average is $81.80 and its two-hundred day moving average is $81.49. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.61.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were issued a $0.2405 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $2.89 annualized dividend and a dividend yield of 3.53%.

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.