Pacific Financial Group Inc. Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Pacific Financial Group Inc. decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,586 shares of the company’s stock after selling 2,712 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.3% of Pacific Financial Group Inc.’s holdings, making the stock its 18th largest holding. Pacific Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,706,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Godsey & Gibb Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB raised its position 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 valued at $33,000 after purchasing an additional 125 shares in the last quarter. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $35,000. CENTRAL TRUST Co raised its position 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 valued at $36,000 after purchasing an additional 374 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $39,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.82 on Friday. The stock’s 50-day simple moving average is $82.80 and its two-hundred day simple moving average is $82.63. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.12. The company has a market capitalization of $23.42 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.2563 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 1st.

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.