Ritholtz Wealth Management Cuts Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Ritholtz Wealth Management lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,594 shares of the company’s stock after selling 8,476 shares during the quarter. Ritholtz Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the last quarter. Squarepoint Ops LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $70,000. NCM Capital Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% in the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after purchasing an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares in the last quarter. Hedge funds and other 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 $82.19 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.86 and a 52-week high of $83.20. The stock has a market cap of $25.17 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average is $82.19 and its two-hundred day moving average is $82.55.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2429 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, June 1st.

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.