Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 7,732 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,801 shares of the company’s stock after selling 7,732 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,378,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Fortitude Family Office LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $45,000. Cedar Mountain Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $55,000. Financial Gravity Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 771.6% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares in the last quarter. Halpern Financial Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $62,000. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 79.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock worth $63,000 after purchasing an additional 339 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY remained flat at $81.30 during midday trading on Wednesday. The company had a trading volume of 666,207 shares, compared to its average volume of 4,487,107. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.43. The stock has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04. The firm’s fifty day moving average is $81.45 and its 200-day moving average is $81.59.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.2616 per share. The ex-dividend date was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.86%.

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.