Legacy Wealth Asset Management LLC Sells 440 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Legacy Wealth Asset Management LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,435 shares of the company’s stock after selling 440 shares during the period. Legacy Wealth Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,511,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. Global Trust Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $68,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $76,000. Finally, Bristlecone Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $78,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.10 on Friday. The firm has a 50 day moving average price of $82.01 and a 200-day moving average price of $82.32. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a market capitalization of $22.75 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

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.