Ridgepath Capital Management LLC Sells 620 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ridgepath Capital Management LLC cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,655 shares of the company’s stock after selling 620 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.4% of Ridgepath Capital Management LLC’s holdings, making the stock its 27th biggest position. Ridgepath Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 5.0% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after purchasing an additional 131 shares in the last quarter. Patton Fund Management Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% in the second quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after purchasing an additional 140 shares in the last quarter. SPC Financial Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% in the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares in the last quarter. Secure Asset Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% in the second quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock valued at $615,000 after purchasing an additional 148 shares in the last quarter. Finally, Aveo Capital Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.0% in the second quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock valued at $1,229,000 after purchasing an additional 148 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.42 on Monday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.80 and a 12-month high of $83.30. The business’s 50-day moving average price is $82.80 and its two-hundred day moving average price is $82.05. The stock has a market cap of $22.56 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2883 dividend. 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.