Woodward Diversified Capital LLC Sells 2,091 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Woodward Diversified Capital LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 38.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,354 shares of the company’s stock after selling 2,091 shares during the period. Woodward Diversified Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $275,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SHY. SPC Financial Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares during the last quarter. Center For Asset Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after acquiring an additional 147 shares during the last quarter. Acorn Wealth Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group raised its position in shares of 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 worth $2,199,000 after acquiring an additional 152 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.97 on Friday. The stock’s 50-day moving average is $82.03 and its 200 day moving average is $82.36. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The firm has a market cap of $23.10 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 3rd.

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.