Element Pointe Advisors LLC Sells 9,205 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Element Pointe Advisors LLC trimmed its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 326,561 shares of the company’s stock after selling 9,205 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 5.1% of Element Pointe Advisors LLC’s holdings, making the stock its 4th largest holding. Element Pointe Advisors LLC owned approximately 0.11% of iShares 1-3 Year Treasury Bond ETF worth $26,964,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SHY. ESL Trust Services LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.5% during the first quarter. ESL Trust Services LLC now owns 3,060 shares of the company’s stock worth $253,000 after purchasing an additional 316 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% in the first quarter. Parallel Advisors LLC now owns 48,401 shares of the company’s stock valued at $3,997,000 after buying an additional 1,797 shares during the last quarter. AlphaCentric Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 171.9% during the 1st quarter. AlphaCentric Advisors LLC now owns 9,461 shares of the company’s stock worth $781,000 after buying an additional 5,981 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 18.3% during the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 13,340 shares of the company’s stock worth $1,101,000 after buying an additional 2,065 shares in the last quarter. Finally, Little House Capital LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 54.6% during the 1st quarter. Little House Capital LLC now owns 115,875 shares of the company’s stock worth $9,568,000 after acquiring an additional 40,929 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

SHY opened at $81.96 on Tuesday. The stock has a market capitalization of $25.60 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.79 and a 1-year high of $83.20. The firm has a 50-day moving average price of $82.03 and a two-hundred day moving average price of $82.45.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, July 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.