Biltmore Wealth Management LLC Sells 1,820 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Biltmore Wealth Management LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,379 shares of the company’s stock after selling 1,820 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 0.4% of Biltmore Wealth Management LLC’s holdings, making the stock its 26th largest holding. Biltmore Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $946,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SHY. Cerity Partners OCIO LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $129,075,000. Pathstone Holdings LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $59,218,000. Benjamin F. Edwards & Company Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7,346.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 668,426 shares of the company’s stock valued at $54,664,000 after purchasing an additional 659,449 shares in the last quarter. SG Americas Securities LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after acquiring an additional 490,171 shares in the last quarter. Finally, LPL Financial LLC raised its holdings 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 valued at $446,254,000 after buying an additional 422,978 shares during the period. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.3 %

Shares of SHY traded down $0.28 during trading hours on Friday, reaching $82.52. 4,012,980 shares of the company traded hands, compared to its average volume of 4,104,001. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.67 and a 12-month high of $83.30. The firm has a market cap of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average price is $82.80 and its 200 day moving average price is $81.95.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared 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 of this dividend was Tuesday, September 3rd.

iShares 1-3 Year Treasury Bond ETF 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.