MN Wealth Advisors LLC Cuts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

MN Wealth Advisors LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 35.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,354 shares of the company’s stock after selling 2,417 shares during the period. MN Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $362,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after buying an additional 422,978 shares during the period. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the period. Raymond James & Associates increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after buying an additional 250,959 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after buying an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $129,075,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.54 on Wednesday. The company’s 50 day moving average price is $82.81 and its 200 day moving average price is $81.99. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.67 and a fifty-two week high of $83.30. The firm has a market capitalization of $22.72 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.