Global Assets Advisory LLC Has $485,000 Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Global Assets Advisory LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 75.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,878 shares of the company’s stock after selling 17,670 shares during the quarter. Global Assets Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $485,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SHY. Perennial Advisors LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 39.7% during the first quarter. Perennial Advisors LLC now owns 32,416 shares of the company’s stock worth $2,682,000 after buying an additional 9,215 shares during the last quarter. UMB Bank n.a. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.8% in the first quarter. UMB Bank n.a. now owns 58,589 shares of the company’s stock valued at $4,847,000 after purchasing an additional 11,249 shares during the last quarter. Miracle Mile Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 26.8% in the first quarter. Miracle Mile Advisors LLC now owns 3,631 shares of the company’s stock valued at $300,000 after purchasing an additional 768 shares during the last quarter. Greenspring Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% in the first quarter. Greenspring Advisors LLC now owns 21,634 shares of the company’s stock valued at $1,790,000 after purchasing an additional 475 shares during the last quarter. Finally, Flagship Private Wealth LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 110.1% in the first quarter. Flagship Private Wealth LLC now owns 73,274 shares of the company’s stock valued at $6,062,000 after purchasing an additional 38,396 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.79 on Monday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.12. The stock’s 50 day moving average is $82.80 and its 200-day moving average is $82.63. The company has a market capitalization of $23.97 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 company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a $0.2563 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a dividend 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.