PFG Investments LLC Sells 1,557 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

PFG Investments LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,917 shares of the company’s stock after selling 1,557 shares during the quarter. PFG Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,813,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Accredited Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Godsey & Gibb Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $26,000. Van ECK Associates Corp lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Finally, Carolinas Wealth Consulting LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 162.2% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after buying an additional 253 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

NASDAQ:SHY opened at $82.54 on Friday. The stock has a market capitalization of $24.24 billion, a PE ratio of 3,747.73 and a beta of 0.01. The firm’s 50 day moving average is $82.53 and its 200 day moving average is $82.32. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.29 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.2718 dividend. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Monday, June 2nd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.