Allen Capital Group LLC Reduces Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Allen Capital Group LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,540 shares of the company’s stock after selling 1,700 shares during the quarter. Allen Capital Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $544,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Patriot Financial Group Insurance Agency LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock worth $225,000 after buying an additional 131 shares during the last quarter. Patton Fund Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.8% in the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock worth $634,000 after buying an additional 140 shares during the last quarter. SPC Financial Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during 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 boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.0% during 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 boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% during 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. 23.62% of the stock is currently owned by institutional investors.

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

NASDAQ SHY opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day moving average is $82.51 and its 200 day moving average is $82.16.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.2831 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a dividend yield of 4.14%.

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.