Atomi Financial Group Inc. Sells 1,936 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Atomi Financial Group Inc. lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,680 shares of the company’s stock after selling 1,936 shares during the quarter. Atomi Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,187,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SHY. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $37,000. Global Trust Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $68,000. Creative Financial Designs Inc. ADV increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $76,000. Finally, Bristlecone Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $78,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.08 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day moving average price is $82.01 and its two-hundred day moving average price is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a 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.