Journey Advisory Group LLC Sells 15,025 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Journey Advisory Group LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,600 shares of the company’s stock after selling 15,025 shares during the period. Journey Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $958,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SHY. Geneos Wealth Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 18.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 20,860 shares of the company’s stock worth $1,722,000 after purchasing an additional 3,261 shares during the last quarter. Ethos Financial Group LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 70.4% in the 1st quarter. Ethos Financial Group LLC now owns 8,063 shares of the company’s stock valued at $665,000 after purchasing an additional 3,330 shares during the last quarter. LFA Lugano Financial Advisors SA grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.4% during the first quarter. LFA Lugano Financial Advisors SA now owns 25,146 shares of the company’s stock worth $2,064,000 after purchasing an additional 598 shares during the period. Advisors Preferred LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $33,905,000. Finally, Sigma Planning Corp increased its position in iShares 1-3 Year Treasury Bond ETF by 3.0% during the first quarter. Sigma Planning Corp now owns 303,288 shares of the company’s stock worth $25,042,000 after buying an additional 8,775 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.00 on Friday. The stock’s 50 day moving average price is $82.04 and its two-hundred day moving average price is $82.46. The firm has a market capitalization of $25.67 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.79 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2383 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.