White Pine Investment CO Sells 69,172 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

White Pine Investment CO trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 52.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 61,837 shares of the company’s stock after selling 69,172 shares during the period. White Pine Investment CO’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Live Oak Private Wealth LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% during the 2nd quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock valued at $548,000 after purchasing an additional 123 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after buying an additional 125 shares in the last quarter. Stolper Co raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.6% during the second quarter. Stolper Co now owns 8,250 shares of the company’s stock valued at $684,000 after acquiring an additional 132 shares during the period. Invesco Ltd. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% during the first quarter. Invesco Ltd. now owns 6,996 shares of the company’s stock valued at $579,000 after acquiring an additional 133 shares during the period. Finally, TruWealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.2% in the third quarter. TruWealth Advisors LLC now owns 2,707 shares of the company’s stock valued at $225,000 after acquiring an additional 134 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

NASDAQ SHY opened at $82.72 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.73 and a twelve month high of $83.14. The business has a 50-day moving average price of $82.92 and a 200-day moving average price of $82.77. The firm has a market cap of $23.88 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th will be paid a $0.2548 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, December 19th.

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.