iShares 1-3 Year Treasury Bond ETF $SHY Position Trimmed by Empirical Asset Management LLC

Empirical Asset Management LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 43.9% during the 4th quarter, HoldingsChannel reports. The fund owned 21,171 shares of the company’s stock after selling 16,553 shares during the period. Empirical Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,753,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Key Financial Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares in the last quarter. Holos Integrated Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Lodestone Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Valley National Advisers Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $33,000. Finally, Accredited Wealth Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 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 Price Performance

NASDAQ:SHY opened at $82.14 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.00 and a fifty-two week high of $83.20. The stock’s 50-day moving average is $82.39 and its two-hundred day moving average is $82.70. The stock has a market cap of $25.15 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.2428 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, May 1st.

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.