Cerity Partners OCIO LLC Decreases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cerity Partners OCIO LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 82.5% during the third quarter, Holdings Channel.com reports. The fund owned 276,754 shares of the company’s stock after selling 1,304,083 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.9% of Cerity Partners OCIO LLC’s holdings, making the stock its 13th biggest holding. Cerity Partners OCIO LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $23,012,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. WestEnd Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $31,000. Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. Rational Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $67,000. Finally, Creative Financial Designs Inc. ADV lifted its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.02 on Friday. The firm’s fifty day simple moving average is $82.54 and its 200-day simple moving average is $82.16. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a market capitalization of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2831 per share. The ex-dividend date was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.