iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Trimmed by Park Edge Advisors LLC

Park Edge Advisors LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 59.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,534 shares of the company’s stock after selling 57,376 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.7% of Park Edge Advisors LLC’s holdings, making the stock its 28th biggest position. Park Edge Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harbor Investment Advisory LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 16.7% during the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock worth $3,740,000 after buying an additional 6,436 shares during the period. First Horizon Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $2,116,000. Cadence Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $5,524,000. Childress Capital Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $896,000. Finally, JARISLOWSKY FRASER Ltd raised its stake in iShares 1-3 Year Treasury Bond ETF by 66.9% during the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after acquiring an additional 16,647 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.36 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.21 and a 1 year high of $83.20. The firm has a market capitalization of $24.70 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day moving average of $82.75 and a two-hundred day moving average of $82.84.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.2469 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF 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.