Presilium Private Wealth LLC Sells 2,248 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Presilium Private Wealth LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% during the 2nd quarter, Holdings Channel reports. The fund owned 36,704 shares of the company’s stock after selling 2,248 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 0.6% of Presilium Private Wealth LLC’s investment portfolio, making the stock its 18th biggest position. Presilium Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,041,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares during the last quarter. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $35,000. CENTRAL TRUST Co raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% during the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after buying an additional 374 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $39,000. Finally, Flaharty Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $40,000. 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 $82.93 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.12. The business’s 50 day moving average is $82.83 and its two-hundred day moving average is $82.65. The stock has a market capitalization of $23.97 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.2563 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.