Capital Investment Counsel LLC Trims Position in iShares 1-3 Year Treasury Bond ETF $SHY

Capital Investment Counsel LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.5% during the third quarter, Holdings Channel reports. The institutional investor owned 5,278 shares of the company’s stock after selling 6,866 shares during the period. Capital Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $438,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Assetmark Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after purchasing an additional 3,917,307 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock valued at $532,863,000 after acquiring an additional 2,734,684 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock worth $208,799,000 after purchasing an additional 2,489,175 shares during the period. Mizuho Markets Americas LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 93.4% during the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after buying an additional 2,414,144 shares during the period. Finally, Captrust Financial Advisors boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% during the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after purchasing an additional 502,122 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

SHY opened at $82.93 on Friday. The business has a fifty day moving average of $82.84 and a 200 day moving average of $82.85. The stock has a market cap of $24.24 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.96 and a 52-week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.25 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.