Nations Financial Group Inc. IA ADV Sells 29,886 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Nations Financial Group Inc. IA ADV cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 66.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,213 shares of the company’s stock after selling 29,886 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,248,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Fulcrum Equity Management purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $472,000. Hsbc Holdings PLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the third quarter. Hsbc Holdings PLC now owns 614,149 shares of the company’s stock valued at $49,730,000 after buying an additional 7,431 shares during the last quarter. Spreng Capital Management Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 5.3% during the fourth quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after buying an additional 1,461 shares during the last quarter. Element Wealth LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 25.7% during the fourth quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock valued at $1,800,000 after buying an additional 4,488 shares during the last quarter. Finally, Sarasin & Partners LLP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $1,151,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock traded up $0.03 during mid-day trading on Friday, hitting $81.37. The company’s stock had a trading volume of 3,040,967 shares, compared to its average volume of 4,285,476. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.39. The business has a 50-day moving average price of $81.37 and a 200 day moving average price of $81.61. The stock has a market cap of $24.44 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a $0.2616 dividend. This represents a $3.14 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Wednesday, May 1st.

About iShares 1-3 Year Treasury Bond ETF

(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.

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

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