iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Biltmore Family Office LLC

Biltmore Family Office LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 68,658 shares of the company’s stock after selling 3,156 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.0% of Biltmore Family Office LLC’s portfolio, making the stock its 17th biggest holding. Biltmore Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,689,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. DMC Group LLC grew 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 worth $614,000 after acquiring an additional 122 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the first quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock worth $1,777,000 after acquiring an additional 125 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of 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 worth $33,000 after acquiring an additional 125 shares during the last quarter. Robinson Value Management Ltd. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock worth $1,504,000 after acquiring an additional 128 shares during the last quarter. Finally, Stolper Co grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the second quarter. Stolper Co now owns 8,250 shares of the company’s stock worth $684,000 after acquiring an additional 132 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $83.10 on Wednesday. The company has a 50-day simple moving average of $82.92 and a 200-day simple moving average of $82.68. The firm has a market capitalization of $24.33 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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