Integrated Advisors Network LLC Sells 19,411 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Integrated Advisors Network LLC lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.5% in the 1st quarter, HoldingsChannel reports. The firm owned 51,255 shares of the company’s stock after selling 19,411 shares during the period. Integrated Advisors Network LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,232,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SHY. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Finally, Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $33,000. 23.15% of the stock is currently owned by institutional investors.

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

NASDAQ SHY traded down $0.04 on Tuesday, hitting $81.94. 594,673 shares of the company were exchanged, compared to its average volume of 4,399,809. The company has a market cap of $25.36 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day moving average of $82.13 and a 200-day moving average of $82.52. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.83 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.2383 per share. The ex-dividend date is Wednesday, July 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.