Joseph P. Lucia & Associates LLC Lowers Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Joseph P. Lucia & Associates LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,629 shares of the company’s stock after selling 374 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $384,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SHY. MassMutual Private Wealth & Trust FSB lifted its position in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 125 shares during the period. WestEnd Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $35,000. CENTRAL TRUST Co lifted its position in iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after buying an additional 374 shares during the period. Oliver Lagore Vanvalin Investment Group purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $39,000. Finally, Flaharty Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $40,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.08 on Friday. The firm has a market capitalization of $24.34 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The business has a fifty day simple moving average of $82.87 and a two-hundred day simple moving average of $82.66. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.13.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.