iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Cwm LLC

Cwm LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.2% during the fourth quarter, HoldingsChannel reports. The firm owned 103,460 shares of the company’s stock after selling 4,546 shares during the period. Cwm LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,488,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fortitude Family Office LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Impact Partnership Wealth LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 114.4% in the 3rd quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after buying an additional 342 shares during the period. Cedar Mountain Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $55,000. Financial Gravity Asset Management Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after acquiring an additional 625 shares during the period. Finally, Halpern Financial Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $62,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHY opened at $81.21 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60. The company has a 50-day moving average price of $81.54 and a 200 day moving average price of $81.56. The company has a market cap of $24.59 billion, a P/E ratio of 3,690.68 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2705 dividend. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.