iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by TRU Independence Asset Management 2 LLC

TRU Independence Asset Management 2 LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,208 shares of the company’s stock after selling 7,897 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 1.2% of TRU Independence Asset Management 2 LLC’s portfolio, making the stock its 26th largest position. TRU Independence Asset Management 2 LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,916,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SHY. Apollon Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.1% in the 1st quarter. Apollon Wealth Management LLC now owns 17,807 shares of the company’s stock valued at $1,470,000 after acquiring an additional 7,214 shares during the period. Vicus Capital boosted its position in iShares 1-3 Year Treasury Bond ETF by 17.4% during the 1st quarter. Vicus Capital now owns 10,671 shares of the company’s stock worth $881,000 after purchasing an additional 1,584 shares during the period. Formidable Asset Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 251.5% during the 1st quarter. Formidable Asset Management LLC now owns 14,570 shares of the company’s stock worth $1,207,000 after purchasing an additional 10,425 shares during the period. Ifrah Financial Services Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 13.5% in the 1st quarter. Ifrah Financial Services Inc. now owns 172,642 shares of the company’s stock valued at $14,255,000 after purchasing an additional 20,489 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 59.4% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 5,140 shares of the company’s stock valued at $424,000 after purchasing an additional 1,916 shares in 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

NASDAQ:SHY opened at $82.19 on Monday. The business’s 50-day moving average is $82.19 and its two-hundred day moving average is $82.55. The firm has a market capitalization of $25.17 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.86 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2429 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 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.