Conservest Capital Advisors Inc. Sells 4,305 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Conservest Capital Advisors Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 34.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,235 shares of the company’s stock after selling 4,305 shares during the quarter. Conservest Capital Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $682,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB grew 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 acquiring an additional 125 shares in the last quarter. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $39,000. Flaharty Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $40,000. Finally, Garrison Bradford & Associates Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $41,000. 23.15% of the stock is owned by institutional investors.

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

SHY stock opened at $83.11 on Friday. The company has a market capitalization of $24.34 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.14. The firm has a 50 day moving average of $82.91 and a two-hundred day moving average of $82.68.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company 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. 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.