KFA Private Wealth Group LLC Sells 10,359 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

KFA Private Wealth Group LLC decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,376 shares of the company’s stock after selling 10,359 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 1.4% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 19th biggest position. KFA Private Wealth Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. SPC Financial Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares during the last quarter. Center For Asset Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after buying an additional 147 shares during the period. Acorn Wealth Advisors LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after buying an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after buying an additional 152 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

Shares of SHY opened at $82.26 on Tuesday. The stock has a market capitalization of $23.06 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm has a fifty day simple moving average of $82.02 and a two-hundred day simple moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.09%.

iShares 1-3 Year Treasury Bond ETF 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.