iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 417,575 shares of the company’s stock after selling 46,772 shares during the period. Modern Wealth Management LLC owned 0.14% of iShares 1-3 Year Treasury Bond ETF worth $34,642,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SHY. Laurel Wealth Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock worth $208,799,000 after acquiring an additional 2,489,175 shares during the period. Mizuho Markets Americas LLC increased its position in shares of 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 valued at $414,820,000 after acquiring an additional 2,414,144 shares during the last quarter. Barclays PLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% in the 3rd quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock valued at $124,950,000 after acquiring an additional 762,773 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after acquiring an additional 502,122 shares during the last quarter. Finally, Silicon Valley Capital Partners purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $38,099,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.73 on Friday. The stock has a fifty day simple moving average of $82.88 and a 200-day simple moving average of $82.89. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The stock has a market capitalization of $24.18 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.223 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

iShares 1-3 Year Treasury Bond ETF Company 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.