Stordahl Capital Management Inc. Sells 1,585 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stordahl Capital Management Inc. decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,807 shares of the company’s stock after selling 1,585 shares during the quarter. Stordahl Capital Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $637,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. UBS Group AG boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the 4th quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after acquiring an additional 177,582 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares during the period. Cornell University bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $35,212,000. Pinebridge Investments L.P. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% in the 4th quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock worth $335,790,000 after buying an additional 280,000 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3,931.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock worth $155,560,000 after buying an additional 1,849,118 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

SHY stock traded up $0.05 during trading on Monday, hitting $82.53. The company had a trading volume of 3,745,614 shares, compared to its average volume of 4,066,653. The company has a fifty day moving average price of $81.81 and a two-hundred day moving average price of $81.63. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.62 and a fifty-two week high of $82.91. The company has a market cap of $24.48 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a $0.2725 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.27 annualized dividend and a dividend yield of 3.96%.

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.