Sequoia Financial Advisors LLC Has $2.90 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sequoia Financial Advisors LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 78.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,812 shares of the company’s stock after selling 128,165 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,895,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. WestEnd Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $30,000. Financial Connections Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $31,000. Criterion Capital Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $35,000. Future Financial Wealth Managment LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $36,000. Finally, Atticus Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 76.0% during the 1st quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after purchasing an additional 237 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.41 on Thursday. The stock has a market capitalization of $22.64 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company has a 50-day simple moving average of $82.80 and a 200 day simple moving average of $82.03. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.80 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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

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.