iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Reduced by Fifth Third Securities Inc.

Fifth Third Securities Inc. lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,701 shares of the company’s stock after selling 5,006 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,775,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SHY. Fulcrum Equity Management purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $472,000. Spreng Capital Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.3% in the 4th quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after buying an additional 1,461 shares during the period. Element Wealth LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 25.7% in the 4th quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock worth $1,800,000 after buying an additional 4,488 shares in the last quarter. SWP Financial LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $338,000. Finally, Sarasin & Partners LLP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $1,151,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

SHY opened at $81.31 on Tuesday. The stock has a fifty day moving average price of $81.40 and a 200 day moving average price of $81.63. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.39. The stock has a market cap of $24.43 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.2704 per share. The ex-dividend date of this dividend is Monday, July 1st.

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.