Western Wealth Management LLC Sells 1,966 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Western Wealth Management LLC trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,396 shares of the company’s stock after selling 1,966 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Coppell Advisory Solutions Corp. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $30,000. Global Wealth Management Investment Advisory Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Fortitude Family Office LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $45,000. Stonebridge Capital Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after acquiring an additional 554 shares in the last quarter. Finally, Impact Partnership Wealth LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 114.4% during the third quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after acquiring an additional 342 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

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

NASDAQ SHY opened at $81.17 on Friday. The company has a market cap of $24.58 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.02. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60. The business has a 50 day moving average price of $81.55 and a 200-day moving average price of $81.55.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 annualized dividend and a dividend yield of 4.00%.

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.