iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,801 shares of the company’s stock after selling 7,732 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,378,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brown Advisory Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.8% during the 3rd quarter. Brown Advisory Inc. now owns 41,124 shares of the company’s stock worth $3,330,000 after buying an additional 3,320 shares during the last quarter. Verdence Capital Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $398,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 26.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 205,894 shares of the company’s stock worth $16,671,000 after buying an additional 43,138 shares during the last quarter. NBT Bank N A NY lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 9.2% during the 3rd quarter. NBT Bank N A NY now owns 22,790 shares of the company’s stock worth $1,845,000 after buying an additional 1,915 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the 3rd quarter. Park Avenue Securities LLC now owns 47,605 shares of the company’s stock valued at $3,855,000 after purchasing an additional 2,589 shares during the period. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY remained flat at $81.30 during trading hours on Wednesday. The company had a trading volume of 666,207 shares, compared to its average volume of 4,487,107. The stock has a market capitalization of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.43. The business’s fifty day simple moving average is $81.45 and its 200-day simple moving average is $81.59.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.2616 per share. The ex-dividend date was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

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.