Western Wealth Management LLC Sells 1,966 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Western Wealth Management LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,396 shares of the company’s stock after selling 1,966 shares during the period. Western Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,099,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Morgan Stanley grew its holdings in iShares 1-3 Year Treasury Bond ETF by 16.9% during the fourth quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after purchasing an additional 2,893,771 shares during the period. BlackRock Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% in the first quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock worth $893,706,000 after acquiring an additional 1,858,137 shares during the period. Balentine LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% in the third quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock worth $748,328,000 after acquiring an additional 136,230 shares during the period. Assetmark Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% in the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after acquiring an additional 6,751,373 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after acquiring an additional 939,567 shares during the period. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

NASDAQ SHY opened at $81.17 on Friday. The firm has a market cap of $24.58 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.02. The business has a 50-day moving average price of $81.55 and a 200-day moving average price of $81.55. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.55 and a twelve month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2705 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a dividend yield of 4.00%.

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.