iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Lessened by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,325 shares of the company’s stock after selling 1,206 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 2.1% of Independent Solutions Wealth Management LLC’s holdings, making the stock its 11th biggest position. Independent Solutions Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,174,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SHY. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $30,000. Financial Connections Group Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $31,000. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth $37,000. Rational Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $67,000. Finally, Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $68,000. 23.15% of the stock is owned by institutional investors and hedge funds.

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

SHY stock traded up $0.05 during mid-day trading on Thursday, hitting $81.73. The stock had a trading volume of 3,382,481 shares, compared to its average volume of 3,999,398. The stock has a market capitalization of $22.08 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company has a fifty day moving average of $82.21 and a 200 day moving average of $82.27.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, December 18th will be given a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a yield of 4.12%. The ex-dividend date is Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company 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.