Larson Financial Group LLC Sells 8,966 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Larson Financial Group LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,685 shares of the company’s stock after selling 8,966 shares during the quarter. Larson Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,287,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gables Capital Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 620.1% during the fourth quarter. Gables Capital Management Inc. now owns 1,469 shares of the company’s stock valued at $122,000 after acquiring an additional 1,265 shares during the period. Mullooly Asset Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 13.7% during the fourth quarter. Mullooly Asset Management Inc. now owns 14,860 shares of the company’s stock valued at $1,231,000 after acquiring an additional 1,791 shares during the period. McKinley Carter Wealth Services Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $2,029,000. L.K. Benson & Company P.C. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 81.2% during the fourth quarter. L.K. Benson & Company P.C. now owns 9,344 shares of the company’s stock valued at $774,000 after acquiring an additional 4,187 shares during the period. Finally, Stronghold Wealth Management L.L.C. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $1,350,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.04 on Wednesday. The stock has a market cap of $25.12 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a fifty day moving average of $82.41 and a two-hundred day moving average of $82.71. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.00 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.2428 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.