Family Wealth Partners LLC Decreases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Family Wealth Partners LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 30,224 shares of the company’s stock after selling 2,267 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.3% of Family Wealth Partners LLC’s investment portfolio, making the stock its 20th biggest holding. Family Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,513,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SHY. Cerity Partners OCIO LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $129,075,000. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7,346.0% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 668,426 shares of the company’s stock valued at $54,664,000 after purchasing an additional 659,449 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after purchasing an additional 490,171 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Finally, Vigilare Wealth Management raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2,095.1% during the 1st quarter. Vigilare Wealth Management now owns 416,491 shares of the company’s stock worth $34,061,000 after purchasing an additional 397,517 shares during the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.54 on Friday. The stock’s 50 day moving average price is $82.81 and its 200 day moving average price is $81.97. The firm has a market cap of $22.90 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.67 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.