Wealth Enhancement Advisory Services LLC Sells 14,925 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Wealth Enhancement Advisory Services LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 410,805 shares of the company’s stock after selling 14,925 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.14% of iShares 1-3 Year Treasury Bond ETF worth $34,019,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Intrua Financial LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 3.4% in the third quarter. Intrua Financial LLC now owns 18,427 shares of the company’s stock worth $1,529,000 after purchasing an additional 598 shares in the last quarter. Formidable Asset Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.3% during the third quarter. Formidable Asset Management LLC now owns 4,145 shares of the company’s stock valued at $343,000 after buying an additional 700 shares during the last quarter. Capital Advisory Group Advisory Services LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 23.9% in the 3rd quarter. Capital Advisory Group Advisory Services LLC now owns 28,344 shares of the company’s stock worth $2,351,000 after buying an additional 5,467 shares during the period. DMC Group LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 14.4% during the 3rd quarter. DMC Group LLC now owns 8,699 shares of the company’s stock valued at $722,000 after acquiring an additional 1,094 shares during the period. Finally, Financial Management Network Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 12.3% in the 3rd quarter. Financial Management Network Inc. now owns 38,996 shares of the company’s stock worth $3,228,000 after acquiring an additional 4,261 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 0.0%

NASDAQ:SHY opened at $82.84 on Wednesday. The stock has a 50 day moving average of $82.86 and a two-hundred day moving average of $82.82. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.87 and a 12 month high of $83.14. The firm has a market cap of $23.82 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.2548 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Friday, December 19th.

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.