Regal Investment Advisors LLC Sells 4,236 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Regal Investment Advisors LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 39,863 shares of the company’s stock after selling 4,236 shares during the period. Regal Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,268,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SHY. JPMorgan Chase & Co. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after purchasing an additional 3,731,847 shares during the last quarter. Proficio Capital Partners LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after buying an additional 8,173,293 shares during the period. Wells Fargo & Company MN grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 4th quarter. Wells Fargo & Company MN now owns 5,483,336 shares of the company’s stock worth $449,524,000 after acquiring an additional 59,920 shares in the last quarter. Bank of Montreal Can grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.9% in the 4th quarter. Bank of Montreal Can now owns 5,182,691 shares of the company’s stock worth $424,877,000 after acquiring an additional 47,346 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $389,029,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.61 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The business has a fifty day simple moving average of $82.41 and a two-hundred day simple moving average of $82.25. The firm has a market cap of $23.39 billion, a PE ratio of 3,758.18 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.2798 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date of this dividend was Tuesday, April 1st.

iShares 1-3 Year Treasury Bond ETF 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.