iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 22.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,402 shares of the company’s stock after selling 1,298 shares during the period. Atlas Capital Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $361,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. World Investment Advisors grew its stake in iShares 1-3 Year Treasury Bond ETF by 6.6% during the 4th quarter. World Investment Advisors now owns 100,127 shares of the company’s stock valued at $8,208,000 after purchasing an additional 6,224 shares in the last quarter. Biltmore Family Office LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.4% during the fourth quarter. Biltmore Family Office LLC now owns 72,777 shares of the company’s stock worth $5,966,000 after buying an additional 307 shares in the last quarter. OneAscent Financial Services LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $348,000. WESCAP Management Group Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 3.8% during the 4th quarter. WESCAP Management Group Inc. now owns 20,481 shares of the company’s stock valued at $1,679,000 after acquiring an additional 741 shares during the last quarter. Finally, Private Portfolio Partners LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.9% during the 4th quarter. Private Portfolio Partners LLC now owns 46,757 shares of the company’s stock worth $3,833,000 after acquiring an additional 439 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.68 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm’s 50-day simple moving average is $82.33 and its 200-day simple moving average is $82.29. The firm has a market cap of $22.99 billion, a PE ratio of 3,758.18 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.2798 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend was Tuesday, April 1st.

About iShares 1-3 Year Treasury Bond ETF

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.