Weaver Consulting Group Trims Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Weaver Consulting Group lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 32.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,520 shares of the company’s stock after selling 3,656 shares during the quarter. Weaver Consulting Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $623,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alamar Capital Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 182.1% during the 1st quarter. Alamar Capital Management LLC now owns 62,833 shares of the company’s stock valued at $5,198,000 after purchasing an additional 40,561 shares during the last quarter. Irenic Capital Management LP raised its position in iShares 1-3 Year Treasury Bond ETF by 400.0% in the first quarter. Irenic Capital Management LP now owns 30,000 shares of the company’s stock worth $2,482,000 after acquiring an additional 24,000 shares during the period. IFP Advisors Inc lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.9% during the first quarter. IFP Advisors Inc now owns 12,807 shares of the company’s stock valued at $1,059,000 after purchasing an additional 716 shares in the last quarter. Deutsche Bank AG grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 124.7% during the 1st quarter. Deutsche Bank AG now owns 19,004 shares of the company’s stock valued at $1,572,000 after acquiring an additional 10,547 shares during the period. Finally, Silver Oak Securities Incorporated increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 96.0% in the second quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock worth $12,686,000 after purchasing an additional 74,972 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 $82.91 on Thursday. The stock has a market capitalization of $23.94 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The stock has a 50-day moving average price of $82.92 and a 200 day moving average price of $82.69.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.2627 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change 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.