Impact Partnership Wealth LLC Cuts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Impact Partnership Wealth LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,552 shares of the company’s stock after selling 556 shares during the period. Impact Partnership Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $792,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. DMC Group LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.7% in the first quarter. DMC Group LLC now owns 7,417 shares of the company’s stock worth $614,000 after acquiring an additional 122 shares in the last quarter. Live Oak Private Wealth LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.9% in the second quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock worth $548,000 after acquiring an additional 123 shares in the last quarter. Apollon Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 0.6% in the first quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock worth $1,777,000 after acquiring an additional 125 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its position in iShares 1-3 Year Treasury Bond ETF by 0.7% in the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock worth $1,504,000 after acquiring an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

SHY opened at $82.93 on Thursday. The firm has a market cap of $24.28 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.14. The stock has a 50-day moving average of $82.93 and a 200 day moving average of $82.69.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.