iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Reduced by Krilogy Financial LLC

Krilogy Financial LLC cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 10,765 shares of the company’s stock after selling 422 shares during the period. Krilogy Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $879,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Advanced Asset Management Advisors Inc increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.5% in the fourth quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock worth $708,000 after buying an additional 128 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.7% in the fourth quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock worth $414,000 after acquiring an additional 133 shares during the last quarter. Patton Fund Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.8% in the second quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock worth $634,000 after acquiring an additional 140 shares during the last quarter. SWP Financial LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.4% in the first quarter. SWP Financial LLC now owns 4,264 shares of the company’s stock worth $349,000 after acquiring an additional 142 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its position 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 purchasing an additional 145 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 Up 0.1 %

SHY stock traded up $0.09 during midday trading on Wednesday, hitting $82.73. The stock had a trading volume of 3,908,683 shares, compared to its average volume of 4,035,305. The firm has a market capitalization of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $82.91. The stock has a 50-day simple moving average of $81.98 and a 200 day simple moving average of $81.65.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.2725 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.27 annualized dividend and a yield of 3.95%.

iShares 1-3 Year Treasury Bond ETF Company 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.