iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 876,992 shares of the company’s stock after selling 31,002 shares during the quarter. HighTower Advisors LLC owned about 0.30% of iShares 1-3 Year Treasury Bond ETF worth $72,632,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SHY. TruWealth Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after purchasing an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after purchasing an additional 126 shares during the period. Aspire Growth Partners LLC grew its holdings in shares of 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 during the period. Onyx Bridge Wealth Group LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after purchasing an additional 128 shares during the period. Finally, Belpointe Asset Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock worth $1,445,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.15 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.00 and a 1 year high of $83.20. The stock has a market capitalization of $25.15 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day simple moving average of $82.40 and a 200-day simple moving average of $82.70.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.2428 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, May 1st.

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.