Efficient Advisors LLC Cuts Position in iShares 1-3 Year Treasury Bond ETF $SHY

Efficient Advisors LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.4% in the first quarter, Holdings Channel.com reports. The firm owned 44,994 shares of the company’s stock after selling 17,015 shares during the period. Efficient Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,715,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Ascent Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $2,912,000. Penobscot Investment Management Company Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 3.2% during the 1st quarter. Penobscot Investment Management Company Inc. now owns 25,725 shares of the company’s stock valued at $2,124,000 after buying an additional 800 shares in the last quarter. Axxcess Wealth Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 3.2% during the 1st quarter. Axxcess Wealth Management LLC now owns 57,968 shares of the company’s stock valued at $4,786,000 after buying an additional 1,786 shares in the last quarter. Montag A & Associates Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 10.9% during the first quarter. Montag A & Associates Inc. now owns 199,863 shares of the company’s stock valued at $16,503,000 after buying an additional 19,708 shares during the last quarter. Finally, Alliance Wealth Management Group raised its stake in iShares 1-3 Year Treasury Bond ETF by 8.0% during the first quarter. Alliance Wealth Management Group now owns 9,135 shares of the company’s stock valued at $754,000 after buying an additional 678 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $81.84 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.20. The company has a market capitalization of $25.30 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business’s fifty day simple moving average is $82.09 and its two-hundred day simple moving average is $82.50.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.2383 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.