Angeles Wealth Management LLC Sells 14,672 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Angeles Wealth Management LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,954 shares of the company’s stock after selling 14,672 shares during the period. Angeles Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHY. MCF Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $25,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after buying an additional 249 shares during the last quarter. Holos Integrated Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Finally, Valley National Advisers Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $33,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.00 on Friday. The firm has a market cap of $25.67 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 $81.79 and a 12 month high of $83.20. The stock has a 50-day moving average of $82.04 and a 200 day moving average of $82.46.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.2383 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.5%.

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.