iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Towercrest Capital Management

Towercrest Capital Management cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,744 shares of the company’s stock after selling 12,728 shares during the quarter. Towercrest Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,533,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Chesley Taft & Associates LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 7.1% in the 4th quarter. Chesley Taft & Associates LLC now owns 38,175 shares of the company’s stock worth $3,132,000 after buying an additional 2,525 shares during the last quarter. FORVIS Wealth Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $434,000. OneAscent Financial Services LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 108.5% in the fourth quarter. OneAscent Financial Services LLC now owns 13,876 shares of the company’s stock valued at $1,138,000 after purchasing an additional 7,222 shares during the period. Consilio Wealth Advisors LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 2.5% during the fourth quarter. Consilio Wealth Advisors LLC now owns 18,550 shares of the company’s stock worth $1,522,000 after purchasing an additional 454 shares during the last quarter. Finally, Clarity Financial LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.0% during the fourth quarter. Clarity Financial LLC now owns 920,542 shares of the company’s stock worth $75,521,000 after purchasing an additional 9,184 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ:SHY traded down $0.04 on Friday, hitting $81.92. 2,041,664 shares of the stock were exchanged, compared to its average volume of 3,931,220. The stock has a fifty day moving average of $81.54 and a 200-day moving average of $81.61. The stock has a market cap of $24.04 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.62 and a fifty-two week high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a dividend of $0.2704 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.24 annualized dividend and a dividend yield of 3.96%.

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.