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

Park Edge Advisors LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 59.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 38,534 shares of the company’s stock after selling 57,376 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 0.7% of Park Edge Advisors LLC’s holdings, making the stock its 28th biggest holding. Park Edge Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,191,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SHY. Birchcreek Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.9% in the fourth quarter. Birchcreek Wealth Management LLC now owns 284,443 shares of the company’s stock valued at $23,558,000 after buying an additional 43,205 shares during the period. Tower Wealth Partners Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 16.2% during the fourth quarter. Tower Wealth Partners Inc. now owns 21,921 shares of the company’s stock worth $1,815,000 after acquiring an additional 3,055 shares during the period. Omnia Family Wealth LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 10.5% during the fourth quarter. Omnia Family Wealth LLC now owns 5,352 shares of the company’s stock worth $443,000 after acquiring an additional 508 shares during the period. SigFig Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 2.7% in the fourth quarter. SigFig Wealth Management LLC now owns 55,966 shares of the company’s stock worth $4,634,000 after acquiring an additional 1,462 shares in the last quarter. Finally, BayBridge Capital Group LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 3.3% in the fourth quarter. BayBridge Capital Group LLC now owns 88,665 shares of the company’s stock worth $7,343,000 after acquiring an additional 2,836 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 Trading Up 0.0%

Shares of NASDAQ SHY opened at $82.36 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The firm has a 50-day moving average of $82.75 and a two-hundred day moving average of $82.84. The company has a market capitalization of $24.70 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.2469 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, April 1st.

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.