Lake Hills Wealth Management LLC Has $13.14 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Lake Hills Wealth Management LLC trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 160,305 shares of the company’s stock after selling 50,015 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 9.0% of Lake Hills Wealth Management LLC’s investment portfolio, making the stock its largest position. Lake Hills Wealth Management LLC owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $13,142,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SPC Financial Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after purchasing an additional 140 shares during the period. Redhawk Wealth Advisors Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after buying an additional 147 shares during the period. Acorn Wealth Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after buying an additional 152 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after acquiring an additional 152 shares during the period. Finally, D.A. Davidson & CO. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after acquiring an additional 153 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

Shares of SHY stock opened at $82.09 on Thursday. The firm has a market capitalization of $22.99 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm’s fifty day simple moving average is $82.01 and its 200 day simple moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company 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.