Bigelow Investment Advisors LLC Cuts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bigelow Investment Advisors LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,804 shares of the company’s stock after selling 1,234 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $230,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHY. Coppell Advisory Solutions Corp. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $30,000. Global Wealth Management Investment Advisory Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $35,000. Fortitude Family Office LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $45,000. Stonebridge Capital Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock worth $45,000 after acquiring an additional 554 shares during the period. Finally, Impact Partnership Wealth LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 114.4% during the third quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock worth $52,000 after acquiring an additional 342 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.17 on Friday. The firm has a market capitalization of $24.58 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.02. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.60. The stock’s fifty day moving average is $81.55 and its two-hundred day moving average is $81.55.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2705 dividend. This represents a $3.25 annualized dividend and a yield of 4.00%. The ex-dividend date was Monday, April 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.