Wealthspire Advisors LLC Has $1.95 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Wealthspire Advisors LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 49.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,739 shares of the company’s stock after selling 22,959 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,948,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balentine LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.5% in the 3rd quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock worth $748,328,000 after purchasing an additional 136,230 shares in the last quarter. Assetmark Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 601.3% in the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after purchasing an additional 6,751,373 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 20.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after purchasing an additional 939,567 shares during the period. Cornell University purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $35,212,000. Finally, Raymond James & Associates raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock worth $229,134,000 after purchasing an additional 67,091 shares during the period. 23.62% of the stock is owned by institutional investors.

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

SHY traded up $0.07 during trading on Thursday, hitting $81.35. 2,160,169 shares of the company traded hands, compared to its average volume of 4,480,208. The firm has a market cap of $24.44 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.43. The stock’s fifty day moving average is $81.44 and its 200 day moving average is $81.58.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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

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.