Flagship Private Wealth LLC Sells 32,951 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Flagship Private Wealth LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 45.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,323 shares of the company’s stock after selling 32,951 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.7% of Flagship Private Wealth LLC’s investment portfolio, making the stock its 15th largest position. Flagship Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,341,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of SHY. Godsey & Gibb Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $26,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares during the last quarter. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $35,000. CENTRAL TRUST Co lifted its position in iShares 1-3 Year Treasury Bond ETF by 575.4% in the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after buying an additional 374 shares during the last quarter. Finally, WFA Asset Management Corp bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $38,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.82 on Friday. The business has a 50 day moving average of $82.80 and a 200 day moving average of $82.63. The company has a market capitalization of $23.42 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.12.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be given a $0.2563 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.