Northwest Capital Management Inc Trims Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Northwest Capital Management Inc reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 59.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 556 shares of the company’s stock after selling 800 shares during the quarter. Northwest Capital Management Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $46,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after buying an additional 45,609,923 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% during the 1st quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock valued at $567,154,000 after acquiring an additional 417,922 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% during the 1st quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock valued at $419,325,000 after acquiring an additional 323,185 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.8% during the 1st quarter. Ameriprise Financial Inc. now owns 4,043,180 shares of the company’s stock valued at $334,519,000 after acquiring an additional 490,469 shares in the last quarter. Finally, Truist Financial Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 10.5% during the 1st quarter. Truist Financial Corp now owns 3,032,043 shares of the company’s stock valued at $250,841,000 after acquiring an additional 288,507 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2%

SHY stock opened at $83.09 on Tuesday. The firm has a market cap of $24.01 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.12. The stock’s 50 day simple moving average is $82.84 and its 200 day simple moving average is $82.65.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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