Henrickson Nauta Wealth Advisors Inc. Reduces Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Henrickson Nauta Wealth Advisors Inc. reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 50.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 8,365 shares of the company’s stock after selling 8,383 shares during the quarter. Henrickson Nauta Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $691,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $212,000. Midwest Heritage Bank FSB grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.2% during the first quarter. Midwest Heritage Bank FSB now owns 100,955 shares of the company’s stock worth $8,336,000 after purchasing an additional 19,008 shares during the last quarter. McAlvany Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $256,000. Hsbc Holdings PLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 29.9% during the fourth quarter. Hsbc Holdings PLC now owns 243,224 shares of the company’s stock worth $20,145,000 after purchasing an additional 55,996 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 402,004 shares of the company’s stock worth $33,294,000 after purchasing an additional 164,028 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Monday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The company has a market capitalization of $25.11 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 $82.23 and a 200-day simple moving average of $82.58.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.2429 per share. This represents a c) annualized dividend and a yield of 3.6%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 1st.

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.