Baker Ellis Asset Management LLC Sells 400 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Baker Ellis Asset Management LLC lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 7,176 shares of the company’s stock after selling 400 shares during the period. Baker Ellis Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $588,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Captrust Financial Advisors lifted its position in iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after buying an additional 1,193,337 shares in the last quarter. Barclays PLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after buying an additional 546,239 shares in the last quarter. Finally, Mizuho Markets Americas LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $44,917,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ SHY opened at $82.09 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company has a 50 day moving average of $82.01 and a 200-day moving average of $82.34. The company has a market cap of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%.

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.