SageView Advisory Group LLC Reduces Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

SageView Advisory Group LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 93.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,423 shares of the company’s stock after selling 100,422 shares during the quarter. SageView Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $610,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fortitude Family Office LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $45,000. Cedar Mountain Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $55,000. Vestor Capital LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after acquiring an additional 153 shares during the last quarter. Financial Gravity Asset Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares during the last quarter. Finally, Glassman Wealth Services bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $59,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $81.64 on Wednesday. The company has a market cap of $24.52 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day moving average price of $81.32 and a 200 day moving average price of $81.63. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.2621 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis and a yield of 3.85%.

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.