iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Trimmed by Simplicity Wealth LLC

Simplicity Wealth LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.5% in the second quarter, HoldingsChannel reports. The firm owned 13,980 shares of the company’s stock after selling 8,019 shares during the period. Simplicity Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,158,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 125 shares during the last quarter. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $35,000. CENTRAL TRUST Co increased its position in iShares 1-3 Year Treasury Bond ETF by 575.4% in the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after acquiring an additional 374 shares during the period. WFA Asset Management Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at approximately $38,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $39,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.77 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.67 and a 1 year high of $83.12. The stock has a market cap of $23.97 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. The business has a fifty day moving average of $82.81 and a 200-day moving average of $82.64.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.2563 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Wednesday, October 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.