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

Noble Family Wealth LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% during the first quarter, HoldingsChannel reports. The firm owned 29,499 shares of the company’s stock after selling 2,303 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.7% of Noble Family Wealth LLC’s portfolio, making the stock its 25th biggest holding. Noble Family Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,440,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Sovran Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $268,000. Allspring Global Investments Holdings LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 43.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 204,711 shares of the company’s stock worth $16,782,000 after purchasing an additional 62,471 shares in the last quarter. Van ECK Associates Corp boosted its position in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares in the last quarter. Stanley Laman Group Ltd. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 26.5% in the fourth quarter. Stanley Laman Group Ltd. now owns 4,252 shares of the company’s stock valued at $349,000 after acquiring an additional 891 shares in the last quarter. Finally, Aries Wealth Management lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.0% in the fourth quarter. Aries Wealth Management now owns 26,095 shares of the company’s stock valued at $2,139,000 after acquiring an additional 2,592 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:SHY opened at $82.41 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.29 and a 52-week high of $83.30. The stock’s fifty day simple moving average is $82.54 and its 200-day simple moving average is $82.31. The company has a market capitalization of $24.20 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a $0.2718 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend was Monday, June 2nd.

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.