First Heartland Consultants Inc. Cuts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

First Heartland Consultants Inc. reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 72.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 20,581 shares of the company’s stock after selling 54,384 shares during the period. First Heartland Consultants Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,707,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of SHY. Brighton Jones LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $317,000. Oppenheimer Asset Management Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 47.8% in the second quarter. Oppenheimer Asset Management Inc. now owns 81,294 shares of the company’s stock valued at $6,736,000 after buying an additional 26,302 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,292,636 shares of the company’s stock worth $355,624,000 after buying an additional 31,215 shares during the period. Brookwood Investment Group LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 56.1% during the second quarter. Brookwood Investment Group LLC now owns 23,104 shares of the company’s stock valued at $1,914,000 after acquiring an additional 8,306 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 33.8% in the 2nd quarter. Cobblestone Capital Advisors LLC NY now owns 9,088 shares of the company’s stock valued at $753,000 after acquiring an additional 2,298 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY opened at $83.06 on Tuesday. The business’s 50 day moving average is $82.87 and its two-hundred day moving average is $82.88. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.21 and a 52-week high of $83.14. The firm has a market cap of $24.28 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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