International Assets Investment Management LLC Sells 2,589 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

International Assets Investment Management LLC lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 22.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,861 shares of the company’s stock after selling 2,589 shares during the period. International Assets Investment Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $734,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SHY. Retirement Systems of Alabama lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.6% during the 1st quarter. Retirement Systems of Alabama now owns 74,575 shares of the company’s stock valued at $6,170,000 after buying an additional 2,575 shares during the last quarter. Flagship Harbor Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.1% during the 1st quarter. Flagship Harbor Advisors LLC now owns 11,669 shares of the company’s stock valued at $965,000 after buying an additional 351 shares during the last quarter. Palumbo Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 166.5% during the 1st quarter. Palumbo Wealth Management LLC now owns 28,078 shares of the company’s stock valued at $2,323,000 after buying an additional 17,542 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.9% during the 1st quarter. JFS Wealth Advisors LLC now owns 103,582 shares of the company’s stock valued at $8,569,000 after buying an additional 5,807 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,549,000 after buying an additional 290 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $83.10 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.13. The business’s fifty day moving average price is $82.88 and its 200-day moving average price is $82.66. The stock has a market capitalization of $24.35 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.2563 per share. The ex-dividend date of this dividend 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.