Global Assets Advisory LLC Has $485,000 Position in iShares 1-3 Year Treasury Bond ETF $SHY

Global Assets Advisory LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 75.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 5,878 shares of the company’s stock after selling 17,670 shares during the quarter. Global Assets Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $485,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SHY. MassMutual Private Wealth & Trust FSB grew its position in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after buying an additional 125 shares in the last quarter. WestEnd Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $35,000. CENTRAL TRUST Co grew its position in iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after buying an additional 374 shares in the last quarter. WFA Asset Management Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $38,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $39,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.79 on Monday. The business has a fifty day moving average price of $82.80 and a two-hundred day moving average price of $82.63. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.12. The stock has a market capitalization of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.