Compass Wealth Management LLC GA trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 14.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,909 shares of the company’s stock after selling 6,759 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 1.3% of Compass Wealth Management LLC GA’s portfolio, making the stock its 21st largest position. Compass Wealth Management LLC GA’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,241,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Mather Group LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $28,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $30,000. Valley National Advisers Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $32,000. Finally, Weaver Capital Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $34,000. 23.15% of the stock is owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Stock Performance
NASDAQ:SHY opened at $81.40 on Wednesday. The company has a 50-day moving average of $81.40 and a 200-day moving average of $82.10. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.95 and a 52 week high of $83.20. The company has a market capitalization of $27.42 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be given a $0.2544 dividend. This represents a $3.05 annualized dividend and a yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date of this dividend is Monday, November 2nd.
About iShares 1-3 Year Treasury Bond ETF
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.
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