Kingsview Wealth Management LLC Sells 99,989 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Kingsview Wealth Management LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 49.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 100,877 shares of the company’s stock after selling 99,989 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,369,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Harbor Investment Advisory LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 16.7% in the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after purchasing an additional 6,436 shares in the last quarter. First Horizon Corp bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $2,116,000. Cadence Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $5,524,000. Childress Capital Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $896,000. Finally, First Citizens Bank & Trust Co. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $5,566,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.4%

Shares of SHY stock opened at $82.81 on Tuesday. The business has a 50-day moving average price of $82.88 and a two-hundred day moving average price of $82.89. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The firm has a market cap of $24.21 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be given a $0.223 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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