Mirae Asset Global Investments Co. Ltd. Sells 8,060 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Mirae Asset Global Investments Co. Ltd. trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,134 shares of the company’s stock after selling 8,060 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Pflug Koory LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares during the period. Delos Wealth Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $29,000. Howe & Rusling Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $38,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of NASDAQ:SHY opened at $82.99 on Friday. The firm has a 50 day moving average of $82.86 and a 200 day moving average of $82.84. The company has a market capitalization of $24.46 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.87 and a 52 week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.2548 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

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.