Ameliora Wealth Management Ltd. Cuts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Ameliora Wealth Management Ltd. cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 66.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,730 shares of the company’s stock after selling 3,450 shares during the quarter. Ameliora Wealth Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $143,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SHY. MassMutual Private Wealth & Trust FSB boosted its holdings 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 purchasing an additional 125 shares during the last quarter. WestEnd Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $35,000. CENTRAL TRUST Co boosted its holdings 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 purchasing an additional 374 shares during the last quarter. WFA Asset Management Corp purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $38,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $39,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.77 on Tuesday. The stock has a market cap of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01. 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 firm’s 50-day simple moving average is $82.81 and its 200 day simple moving average is $82.64.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.2563 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Wednesday, October 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.