United Asset Strategies Inc. Sells 288 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

United Asset Strategies Inc. lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,647 shares of the company’s stock after selling 288 shares during the quarter. United Asset Strategies Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Millennium Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 24.8% during the 2nd quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock worth $5,182,000 after acquiring an additional 12,625 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% during the 2nd quarter. Creative Planning now owns 176,157 shares of the company’s stock valued at $14,383,000 after purchasing an additional 1,947 shares during the last quarter. Ted Buchan & Co acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $10,960,000. Cetera Investment Advisers boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.5% in the 2nd quarter. Cetera Investment Advisers now owns 580,786 shares of the company’s stock worth $47,421,000 after purchasing an additional 40,358 shares in the last quarter. Finally, New Century Financial Group LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 13.9% during the 2nd quarter. New Century Financial Group LLC now owns 10,060 shares of the company’s stock worth $821,000 after buying an additional 1,226 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.26 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market cap of $23.06 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.02 and a two-hundred day moving average of $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF 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.