Bison Wealth LLC Cuts Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bison Wealth LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,939 shares of the company’s stock after selling 6,045 shares during the period. Bison Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,208,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Lido Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.6% in the fourth quarter. Lido Advisors LLC now owns 300,611 shares of the company’s stock valued at $24,644,000 after buying an additional 33,548 shares in the last quarter. Northern Trust Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 486.0% during the fourth quarter. Northern Trust Corp now owns 109,822 shares of the company’s stock worth $9,003,000 after acquiring an additional 91,082 shares during the period. Bellwether Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $39,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $647,000. Finally, Betterment LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.6% during the fourth quarter. Betterment LLC now owns 236,154 shares of the company’s stock worth $19,360,000 after purchasing an additional 24,615 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.01 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $24.33 billion, a PE ratio of 3,762.27 and a beta of 0.01. The firm’s 50-day moving average price is $82.56 and its 200 day moving average price is $82.26.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a $0.2798 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.