Integrated Wealth Concepts LLC Has $13.76 Million Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Integrated Wealth Concepts LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 28.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 165,823 shares of the company’s stock after selling 65,243 shares during the period. Integrated Wealth Concepts LLC owned about 0.06% of iShares 1-3 Year Treasury Bond ETF worth $13,757,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Aspire Growth Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after purchasing an additional 127 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the third quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after purchasing an additional 128 shares in the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock valued at $1,445,000 after purchasing an additional 131 shares in the last quarter. ESL Trust Services LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the third quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock worth $182,000 after buying an additional 133 shares during the period. Finally, Clientfirst Wealth Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the third quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after buying an additional 133 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of SHY stock opened at $82.65 on Tuesday. The company has a market capitalization of $24.16 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20. The stock’s fifty day simple moving average is $82.86 and its 200-day simple moving average is $82.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.223 per share. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.