iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by PSI Advisors LLC

PSI Advisors LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,729 shares of the company’s stock after selling 20,749 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 2.0% of PSI Advisors LLC’s investment portfolio, making the stock its 13th largest position. PSI Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,782,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SHY. Captrust Financial Advisors lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares during the period. Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $129,075,000. LPL Financial LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. Barclays PLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after purchasing an additional 1,123,670 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after buying an additional 546,239 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of SHY opened at $81.85 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day simple moving average is $82.01 and its 200 day simple moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.