Kovitz Investment Group Partners LLC Sells 214,536 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Kovitz Investment Group Partners LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 46.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 246,663 shares of the company’s stock after selling 214,536 shares during the quarter. Kovitz Investment Group Partners LLC owned about 0.08% of iShares 1-3 Year Treasury Bond ETF worth $20,429,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. MCF Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $25,000. Holos Integrated Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Lodestone Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Valley National Advisers Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $33,000. Finally, Accredited Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after buying an additional 150 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Friday. The firm has a 50-day moving average of $82.24 and a 200-day moving average of $82.58. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.86 and a 52-week high of $83.20. The stock has a market cap of $25.11 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.2429 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.