Focus Financial Network Inc. Sells 1,588 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Focus Financial Network Inc. decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 92,442 shares of the company’s stock after selling 1,588 shares during the period. Focus Financial Network Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,578,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. SPC Financial Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares during the last quarter. Center For Asset Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after acquiring an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after acquiring an additional 152 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market cap of $23.11 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s fifty day simple moving average is $82.02 and its two-hundred day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF 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.