iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Decreased by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,625 shares of the company’s stock after selling 530 shares during the period. Joel Isaacson & Co. LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $218,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Captrust Financial Advisors increased its position in iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the last quarter. Raymond James & Associates increased its position in iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after buying an additional 250,959 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock valued at $135,391,000 after acquiring an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $129,075,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.42 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.80 and a 52-week high of $83.30. The company has a 50-day moving average of $82.80 and a two-hundred day moving average of $82.04. The stock has a market capitalization of $22.56 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2883 dividend. The ex-dividend date was Tuesday, September 3rd.

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.