iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.4% during the 2nd quarter, Holdings Channel reports. The fund owned 20,058 shares of the company’s stock after selling 922 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after purchasing an additional 45,609,923 shares during the period. Assetmark Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock valued at $588,142,000 after buying an additional 3,917,307 shares in the last quarter. LPL Financial LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 6.5% during the 1st quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock valued at $567,154,000 after buying an additional 417,922 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock worth $532,863,000 after buying an additional 2,734,684 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% during the 1st quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock worth $419,325,000 after buying an additional 323,185 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.83 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The stock has a market capitalization of $23.91 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.92 and a 200-day simple moving average of $82.69.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a dividend of $0.2627 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.