Secure Asset Management LLC Sells 2,680 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Secure Asset Management LLC lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,502 shares of the company’s stock after selling 2,680 shares during the period. Secure Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $372,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHY. Proficio Capital Partners LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after acquiring an additional 8,173,293 shares during the period. Raymond James Financial Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $389,029,000. JPMorgan Chase & Co. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after acquiring an additional 3,731,847 shares during the period. Essential Planning LLC. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 4,992.9% during the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock worth $201,794,000 after acquiring an additional 2,405,880 shares during the period. Finally, Assetmark Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 94.0% during the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after acquiring an additional 1,975,432 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.44 on Thursday. The firm’s 50 day simple moving average is $82.58 and its 200 day simple moving average is $82.30. The firm has a market capitalization of $24.21 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.26 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd will be issued a $0.2718 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date is Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.96%.

iShares 1-3 Year Treasury Bond ETF 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.