StrongBox Wealth LLC Sells 138,494 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

StrongBox Wealth LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 76.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,630 shares of the company’s stock after selling 138,494 shares during the quarter. StrongBox Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,543,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. RPOA Advisors Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $301,889,000. Bank of America Corp DE boosted its stake in iShares 1-3 Year Treasury Bond ETF by 28.3% in the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after buying an additional 3,451,890 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after buying an additional 2,454,485 shares in the last quarter. AIA Group Ltd acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $123,450,000. Finally, Edge Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 286.0% in the third quarter. Edge Wealth Management LLC now owns 1,518,562 shares of the company’s stock valued at $123,284,000 after acquiring an additional 1,125,105 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

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

SHY stock opened at $81.66 on Friday. The stock has a market capitalization of $27.47 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.95 and a 12 month high of $83.20. The firm has a 50-day moving average price of $81.38 and a 200-day moving average price of $82.09.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.2544 per share. The ex-dividend date was Monday, November 2nd. This represents a $3.05 dividend on an annualized basis and a yield of 3.7%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

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.