iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,220 shares of the company’s stock after selling 6,214 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,504,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock worth $878,695,000 after buying an additional 467,629 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares in the last quarter. Wells Fargo & Company MN boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock valued at $431,819,000 after buying an additional 45,271 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 9.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,424,160 shares of the company’s stock valued at $373,082,000 after buying an additional 380,980 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.00 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.79 and a 52 week high of $83.20. The company has a fifty day simple moving average of $82.04 and a two-hundred day simple moving average of $82.46. The company has a market cap of $25.67 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.