High Net Worth Advisory Group LLC Sells 500 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

High Net Worth Advisory Group LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,500 shares of the company’s stock after selling 500 shares during the period. High Net Worth Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $205,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Captrust Financial Advisors lifted its position in iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after acquiring an additional 1,193,337 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after acquiring an additional 41,969 shares during the last quarter. Barclays PLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after purchasing an additional 1,123,670 shares in the last quarter. Finally, Stephens Inc. AR grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after purchasing an additional 8,531 shares during the last quarter. 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 $82.14 on Monday. The firm has a fifty day simple moving average of $82.02 and a two-hundred day simple moving average of $82.34. 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 $23.02 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis and a dividend 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.