Smith Chas P & Associates PA Cpas Sells 555 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Smith Chas P & Associates PA Cpas decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,136 shares of the company’s stock after selling 555 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $257,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. SPC Financial Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after buying an additional 140 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after acquiring an additional 147 shares during the last quarter. Acorn Wealth Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after purchasing an additional 152 shares in the last quarter. Rehmann Capital Advisory Group raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after purchasing an additional 152 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.14 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $23.02 billion, a PE ratio of 3,695.45 and a beta of 0.01. The firm’s fifty day moving average is $82.02 and its two-hundred day moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.