TRU Independence Asset Management 2 LLC Lowers Position in iShares 1-3 Year Treasury Bond ETF $SHY

TRU Independence Asset Management 2 LLC decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,208 shares of the company’s stock after selling 7,897 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.2% of TRU Independence Asset Management 2 LLC’s portfolio, making the stock its 26th largest position. TRU Independence Asset Management 2 LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,916,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Apollon Wealth Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.1% in the 1st quarter. Apollon Wealth Management LLC now owns 17,807 shares of the company’s stock valued at $1,470,000 after purchasing an additional 7,214 shares during the last quarter. Vicus Capital increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.4% during the 1st quarter. Vicus Capital now owns 10,671 shares of the company’s stock worth $881,000 after buying an additional 1,584 shares during the last quarter. Formidable Asset Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 251.5% during the 1st quarter. Formidable Asset Management LLC now owns 14,570 shares of the company’s stock worth $1,207,000 after buying an additional 10,425 shares during the last quarter. Ifrah Financial Services Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.5% in the 1st quarter. Ifrah Financial Services Inc. now owns 172,642 shares of the company’s stock worth $14,255,000 after buying an additional 20,489 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 59.4% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,140 shares of the company’s stock worth $424,000 after buying an additional 1,916 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.19 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20. The stock has a market capitalization of $25.17 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s fifty day moving average price is $82.19 and its 200 day moving average price is $82.55.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.2429 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.