Castleview Partners LLC Sells 12,412 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Castleview Partners LLC trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 80.6% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 2,989 shares of the company’s stock after selling 12,412 shares during the quarter. Castleview Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $247,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Investment Advisory Group LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% during the 1st quarter. Investment Advisory Group LLC now owns 34,147 shares of the company’s stock valued at $2,825,000 after purchasing an additional 1,723 shares during the period. Proficio Capital Partners LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% during the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock valued at $8,840,000 after purchasing an additional 36,585 shares during the period. Simplicity Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $719,000. Deutsche Bank AG grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 253.8% during the 4th quarter. Deutsche Bank AG now owns 8,457 shares of the company’s stock valued at $693,000 after purchasing an additional 6,067 shares during the period. Finally, Pinnacle Financial Partners Inc grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after acquiring an additional 22,721 shares during the period. 23.15% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ:SHY opened at $82.54 on Friday. The stock has a 50 day moving average of $82.53 and a 200 day moving average of $82.32. The company has a market cap of $24.24 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.29 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.2718 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.95%.

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.