Optimum Investment Advisors Cuts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Optimum Investment Advisors cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,999 shares of the company’s stock after selling 186 shares during the quarter. Optimum Investment Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $246,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Guardian Partners Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $812,000. Millstone Evans Group LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $32,000. TD Private Client Wealth LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.8% in the fourth quarter. TD Private Client Wealth LLC now owns 965,739 shares of the company’s stock valued at $79,171,000 after buying an additional 26,162 shares during the period. Lee Danner & Bass Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $489,000. Finally, Kiker Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $3,036,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.58 on Friday. The stock has a market capitalization of $23.27 billion, a P/E ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock’s 50-day simple moving average is $82.23 and its 200 day simple moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.