Silicon Valley Capital Partners Sells 20,286 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Silicon Valley Capital Partners cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% in the first quarter, Holdings Channel reports. The firm owned 511,999 shares of the company’s stock after selling 20,286 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 4.1% of Silicon Valley Capital Partners’ investment portfolio, making the stock its 8th largest holding. Silicon Valley Capital Partners’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $42,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its position in iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after acquiring an additional 3,451,890 shares in the last quarter. Hamilton Wealth LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $161,000. Centaurus Financial Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% during the 1st quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock worth $215,000 after purchasing an additional 165 shares during the last quarter. Strategic Investment Advisors MI increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 82.0% during the 1st quarter. Strategic Investment Advisors MI now owns 321,540 shares of the company’s stock worth $26,561,000 after purchasing an additional 144,894 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $30,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

SHY stock opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.76 and a 1 year high of $83.20. The company has a fifty day simple moving average of $81.99 and a 200 day simple moving average of $82.40. The firm has a market cap of $25.25 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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