iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 47.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 70,001 shares of the company’s stock after selling 62,810 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. Cerity Partners OCIO LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $129,075,000. LPL Financial LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after buying an additional 1,193,337 shares during the period. Mizuho Markets Americas LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $44,917,000. SG Americas Securities LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after buying an additional 490,171 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after buying an additional 379,718 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

Shares of SHY stock opened at $82.01 on Friday. The stock has a market cap of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a 50-day simple moving average of $82.51 and a 200-day simple moving average of $82.17. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.