DeDora Capital Inc. Trims Stake in iShares 1-3 Year Treasury Bond ETF $SHY

DeDora Capital Inc. lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,683 shares of the company’s stock after selling 438 shares during the quarter. DeDora Capital Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. DMC Group LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.7% during the first quarter. DMC Group LLC now owns 7,417 shares of the company’s stock valued at $614,000 after buying an additional 122 shares during the period. CNB Bank grew its holdings in iShares 1-3 Year Treasury Bond ETF by 6.6% in the first quarter. CNB Bank now owns 2,018 shares of the company’s stock worth $167,000 after purchasing an additional 125 shares during the period. Apollon Wealth Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the first quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock worth $1,777,000 after purchasing an additional 125 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings 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 period. Finally, Robinson Value Management Ltd. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% in the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock worth $1,504,000 after purchasing an additional 128 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $83.08 on Friday. The stock has a market cap of $24.34 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.13. The firm’s 50-day simple moving average is $82.87 and its two-hundred day simple moving average is $82.66.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.