Koshinski Asset Management Inc. Has $766,000 Position in iShares 1-3 Year Treasury Bond ETF $SHY

Koshinski Asset Management Inc. lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,250 shares of the company’s stock after selling 1,502 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $766,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. grew its stake in iShares 1-3 Year Treasury Bond ETF by 470.2% during the second quarter. Stratos Wealth Partners LTD. now owns 235,553 shares of the company’s stock worth $19,518,000 after buying an additional 194,246 shares during the last quarter. Koa Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 6.1% during the 2nd quarter. Koa Wealth Management LLC now owns 61,671 shares of the company’s stock worth $5,110,000 after acquiring an additional 3,535 shares during the last quarter. Stratos Wealth Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 48,534 shares of the company’s stock valued at $4,022,000 after purchasing an additional 982 shares during the last quarter. Oxbow Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 99.1% during the second quarter. Oxbow Advisors LLC now owns 9,337 shares of the company’s stock worth $774,000 after purchasing an additional 4,648 shares during the last quarter. Finally, Values First Advisors Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 2nd quarter. Values First Advisors Inc. now owns 79,788 shares of the company’s stock worth $6,611,000 after acquiring an additional 451 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $83.08 on Monday. The company has a 50 day moving average price of $82.87 and a 200 day moving average price of $82.66. The stock has a market capitalization of $24.34 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 $83.13.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.2563 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend 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.