Orion Porfolio Solutions LLC Sells 9,616 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Orion Porfolio Solutions LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 171,775 shares of the company’s stock after selling 9,616 shares during the quarter. Orion Porfolio Solutions LLC owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $14,250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Hantz Financial Services Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Csenge Advisory Group lifted its stake in iShares 1-3 Year Treasury Bond ETF by 3.7% in the 2nd quarter. Csenge Advisory Group now owns 23,020 shares of the company’s stock valued at $1,903,000 after purchasing an additional 827 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $75,000. Ethos Financial Group LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 18.4% during the second quarter. Ethos Financial Group LLC now owns 171,383 shares of the company’s stock worth $14,201,000 after buying an additional 26,671 shares during the last quarter. Finally, Black Swift Group LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $410,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1%

Shares of NASDAQ SHY opened at $82.69 on Friday. The company has a market capitalization of $24.17 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20. The stock has a 50 day moving average of $82.88 and a 200-day moving average of $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.223 dividend. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, March 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.