New Century Financial Group LLC Sells 12,437 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

New Century Financial Group LLC trimmed its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 58.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,834 shares of the company’s stock after selling 12,437 shares during the period. New Century Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $722,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Barrett & Company Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock worth $769,000 after purchasing an additional 125 shares during the period. Advanced Asset Management Advisors Inc increased its position in iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock valued at $708,000 after buying an additional 128 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.7% during the 4th quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock worth $414,000 after buying an additional 133 shares during the period. EP Wealth Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.1% in the fourth quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock worth $159,000 after acquiring an additional 145 shares in the last quarter. Finally, Straight Path Wealth Management boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.8% in the fourth quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock worth $270,000 after acquiring an additional 150 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 Performance

Shares of NASDAQ SHY traded up $0.12 during midday trading on Thursday, hitting $81.50. 1,772,757 shares of the stock traded hands, compared to its average volume of 3,980,474. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39. The business has a 50 day moving average price of $81.40 and a two-hundred day moving average price of $81.62. The company has a market cap of $24.48 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.2704 per share. The ex-dividend date is Monday, July 1st. This represents a $3.24 annualized dividend and a yield of 3.98%.

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.