Ausdal Financial Partners Inc. Lowers Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ausdal Financial Partners Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.5% in the 4th quarter, HoldingsChannel reports. The firm owned 32,371 shares of the company’s stock after selling 162 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,654,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Golden State Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $30,000. Van ECK Associates Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the period. Millstone Evans Group LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $32,000. Roxbury Financial LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $36,000. Finally, Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $37,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

Shares of SHY opened at $82.50 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company’s fifty day simple moving average is $82.25 and its 200-day simple moving average is $82.31. The company has a market cap of $23.25 billion, a P/E ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

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.