Envestnet Portfolio Solutions Inc. Sells 3,826 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Envestnet Portfolio Solutions Inc. reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,499 shares of the company’s stock after selling 3,826 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.08% of iShares 1-3 Year Treasury Bond ETF worth $18,158,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Eagle Asset Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares during the period. Simplicity Wealth LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $719,000. Proficio Capital Partners LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 51.6% during the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock valued at $8,840,000 after buying an additional 36,585 shares during the last quarter. Pinnacle Financial Partners Inc raised its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after buying an additional 22,721 shares during the last quarter. Finally, Zhang Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,859 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

SHY stock opened at $82.42 on Monday. The stock has a market capitalization of $23.23 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01. The firm’s 50-day moving average price is $82.17 and its two-hundred day moving average price is $82.32. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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