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

Edge Wealth Management LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 346,597 shares of the company’s stock after selling 9,332 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 5.8% of Edge Wealth Management LLC’s holdings, making the stock its 5th biggest holding. Edge Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $28,414,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SHY. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $37,000. Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. Creative Financial Designs Inc. ADV raised its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $76,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $78,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.10 on Friday. The company has a fifty day moving average of $82.01 and a 200 day moving average of $82.32. The company has a market capitalization of $22.75 billion, a PE 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.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

About iShares 1-3 Year Treasury Bond ETF

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.