Cambient Family Office LLC Sells 19,246 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Cambient Family Office LLC lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 149,814 shares of the company’s stock after selling 19,246 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.7% of Cambient Family Office LLC’s portfolio, making the stock its 13th biggest holding. Cambient Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,370,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. MCF Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $29,000. Lodestone Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $29,000. Valley National Advisers Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $33,000. Finally, Accredited Wealth Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after acquiring an additional 150 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.19 on Friday. The firm has a market cap of $25.17 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm has a fifty day moving average price of $82.19 and a 200 day moving average price of $82.55. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 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.