Founders Financial Alliance LLC Sells 3,331 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by MarketBeat News on Oct 1st, 2024

Founders Financial Alliance LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 28.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,413 shares of the company’s stock after selling 3,331 shares during the period. Founders Financial Alliance LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $687,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $30,000. Financial Connections Group Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $31,000. Criterion Capital Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Future Financial Wealth Managment LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $36,000. Finally, Mather Group LLC. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $39,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.15 on Tuesday. The firm has a fifty day moving average of $82.74 and a two-hundred day moving average of $81.92. The stock has a market capitalization of $24.66 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.