Harbor Investment Advisory LLC Cuts Position in iShares 1-3 Year Treasury Bond ETF $SHY

Harbor Investment Advisory LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 25.4% during the first quarter, HoldingsChannel.com reports. The fund owned 38,603 shares of the company’s stock after selling 13,176 shares during the quarter. Harbor Investment Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,187,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. MCF Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Holos Integrated Wealth LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $29,000. Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $29,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $33,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth $38,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.11 on Wednesday. The company’s 50-day moving average price is $82.17 and its 200-day moving average price is $82.54. The company has a market cap of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.2429 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, June 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.