Independent Wealth Network Inc. Decreases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Independent Wealth Network Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,934 shares of the company’s stock after selling 6,592 shares during the quarter. Independent Wealth Network Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,224,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors increased 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 buying an additional 3,563,486 shares during the last quarter. LPL Financial LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the last quarter. Barclays PLC increased its holdings in 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. The Manufacturers Life Insurance Company increased its holdings in iShares 1-3 Year Treasury Bond ETF by 179.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the last quarter. Finally, Mizuho Markets Americas LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $44,917,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.09 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock’s fifty day simple moving average is $82.01 and its 200-day simple moving average is $82.34. The firm has a market capitalization of $22.99 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. 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.