iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Lowered by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 145,553 shares of the company’s stock after selling 32,185 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 4.1% of VisionPoint Advisory Group LLC’s investment portfolio, making the stock its 3rd biggest holding. VisionPoint Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,930,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SHY. Eastern Bank acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $209,000. Tempus Wealth Planning LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 14.8% in the 3rd quarter. Tempus Wealth Planning LLC now owns 3,363 shares of the company’s stock valued at $280,000 after purchasing an additional 433 shares during the period. McAdam LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $3,192,000. School Employees Retirement Board of Ohio acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $10,123,000. Finally, Great Lakes Retirement Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $4,623,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

SHY stock opened at $82.10 on Friday. The company has a market capitalization of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a 50 day simple moving average of $82.00 and a 200-day simple moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.