Premier Path Wealth Partners LLC Trims Position in iShares 1-3 Year Treasury Bond ETF $SHY

Premier Path Wealth Partners LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.0% during the 1st quarter, Holdings Channel reports. The firm owned 101,739 shares of the company’s stock after selling 13,824 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 1.1% of Premier Path Wealth Partners LLC’s investment portfolio, making the stock its 18th biggest position. Premier Path Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,401,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. MCF Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $25,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Holos Integrated Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $33,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $38,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.11 on Wednesday. The stock’s 50 day moving average is $82.17 and its 200 day moving average is $82.54. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.86 and a 12 month high of $83.20. The stock has a market cap of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Company 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.