Sequoia Financial Advisors LLC Sells 622 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Sequoia Financial Advisors LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,863 shares of the company’s stock after selling 622 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,143,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares in the last quarter. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $35,000. CENTRAL TRUST Co boosted its stake in iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after acquiring an additional 374 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $39,000. Finally, Flaharty Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $40,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ SHY opened at $82.99 on Thursday. The firm has a market cap of $23.79 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.12. The company’s fifty day simple moving average is $82.85 and its 200 day simple moving average is $82.65.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.2563 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.