Arkos Global Advisors Sells 500 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Arkos Global Advisors decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,527 shares of the company’s stock after selling 500 shares during the quarter. Arkos Global Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $289,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 51.6% in the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock valued at $8,840,000 after purchasing an additional 36,585 shares during the last quarter. Simplicity Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $719,000. Pinnacle Financial Partners Inc grew its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% in the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after buying an additional 22,721 shares in the last quarter. Zhang Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 17.1% during the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after buying an additional 1,859 shares during the period. Finally, Purus Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 8.6% in the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after purchasing an additional 530 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of SHY stock opened at $82.84 on Friday. The stock has a 50 day simple moving average of $82.53 and a 200 day simple moving average of $82.26. The stock has a market cap of $24.28 billion, a P/E ratio of 3,762.27 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.2798 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.36 annualized dividend and a yield of 4.05%.

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.