iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,555 shares of the company’s stock after selling 15,483 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. Transcend Capital Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 611.1% during the third quarter. Transcend Capital Advisors LLC now owns 28,784 shares of the company’s stock worth $2,388,000 after buying an additional 24,736 shares in the last quarter. Aua Capital Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.6% during the 3rd quarter. Aua Capital Management LLC now owns 53,256 shares of the company’s stock worth $4,418,000 after purchasing an additional 832 shares during the period. Tyche Wealth Partners LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $255,000. Keybank National Association OH increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.8% during the third quarter. Keybank National Association OH now owns 348,017 shares of the company’s stock worth $28,871,000 after buying an additional 12,582 shares during the period. Finally, Argent Advisors Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% in the third quarter. Argent Advisors Inc. now owns 139,475 shares of the company’s stock valued at $11,571,000 after acquiring an additional 2,630 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.74 on Monday. The stock has a market capitalization of $24.38 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.87 and a one year high of $83.14. The business’s 50-day simple moving average is $82.86 and its 200-day simple moving average is $82.84.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.