iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Sollinda Capital Management LLC

Sollinda Capital Management LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 49.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,231 shares of the company’s stock after selling 3,155 shares during the period. Sollinda Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $264,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. WestEnd Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $30,000. Financial Connections Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $31,000. Criterion Capital Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. Future Financial Wealth Managment LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $36,000. Finally, Mather Group LLC. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $39,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock remained flat at $82.80 during trading on Friday. The company had a trading volume of 2,781,303 shares, compared to its average volume of 4,000,214. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.62 and a 52-week high of $82.91. The firm has a market capitalization of $24.56 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm’s 50-day moving average price is $82.17 and its 200 day moving average price is $81.71.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.2725 per share. This is an increase 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 dividend on an annualized basis and a yield of 3.95%.

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.