iShares 1-3 Year Treasury Bond ETF $SHY Holdings Lowered by Trek Financial LLC

Trek Financial LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,770 shares of the company’s stock after selling 11,392 shares during the period. Trek Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,524,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Woodmont Investment Counsel LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $483,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $1,024,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $9,617,000. Aviance Capital Partners LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $1,129,000. Finally, Blue Fin Capital Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $4,438,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY stock opened at $81.46 on Tuesday. The company has a market cap of $27.44 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock has a 50 day simple moving average of $81.42 and a 200-day simple moving average of $82.11. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be paid a $0.2544 dividend. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date is Monday, November 2nd.

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.