Oppenheimer Asset Management Inc. Sells 6,912 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Oppenheimer Asset Management Inc. lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,827 shares of the company’s stock after selling 6,912 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,949,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SHY. Key Financial Inc increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after buying an additional 196 shares during the period. Pflug Koory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after buying an additional 287 shares during the period. Holos Integrated Wealth LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $29,000. Lodestone Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $29,000. Finally, Valley National Advisers Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.3%

SHY opened at $82.25 on Friday. The company has a market cap of $25.18 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average price is $82.58 and its 200-day moving average price is $82.78. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be issued a $0.2428 dividend. The ex-dividend date is Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.