iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Trimmed by King Wealth Management Group

King Wealth Management Group lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,548 shares of the company’s stock after selling 487 shares during the quarter. King Wealth Management Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,709,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cerity Partners OCIO LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $129,075,000. SG Americas Securities LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after acquiring an additional 490,171 shares in the last quarter. LPL Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 75.5% during the second quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock valued at $69,229,000 after acquiring an additional 364,878 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 0.1 %

Shares of NASDAQ SHY opened at $81.93 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The business’s 50 day moving average is $82.65 and its two-hundred day moving average is $82.13. The company has a market cap of $22.13 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced 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 4.15%. The ex-dividend date was Friday, November 1st. This is a boost 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.