Sanctuary Wealth Management L.L.C. Cuts Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sanctuary Wealth Management L.L.C. lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 99.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 441 shares of the company’s stock after selling 231,745 shares during the period. Sanctuary Wealth Management L.L.C.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SHY. Dorsey Wright & Associates purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $696,000. RWA Wealth Partners LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 3,608.8% in the fourth quarter. RWA Wealth Partners LLC now owns 131,439 shares of the company’s stock valued at $10,775,000 after buying an additional 127,895 shares in the last quarter. Watchman Group Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the 4th quarter. Watchman Group Inc. now owns 419,076 shares of the company’s stock worth $34,356,000 after buying an additional 21,917 shares during the last quarter. Schroder Investment Management Group grew its stake in iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Schroder Investment Management Group now owns 52,970 shares of the company’s stock valued at $4,340,000 after acquiring an additional 7,717 shares during the last quarter. Finally, MV Capital Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 7.8% during the 4th quarter. MV Capital Management Inc. now owns 22,387 shares of the company’s stock valued at $1,835,000 after acquiring an additional 1,622 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of SHY opened at $82.67 on Friday. The company has a 50-day moving average of $82.28 and a two-hundred day moving average of $82.30. The stock has a market cap of $23.30 billion, a P/E ratio of 3,745.00 and a beta of 0.01. 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 business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.