iShares 1-3 Year Treasury Bond ETF $SHY is Element Pointe Advisors LLC’s 3rd Largest Position

Element Pointe Advisors LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 29.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 347,444 shares of the company’s stock after selling 148,325 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 6.1% of Element Pointe Advisors LLC’s holdings, making the stock its 3rd biggest holding. Element Pointe Advisors LLC owned about 0.12% of iShares 1-3 Year Treasury Bond ETF worth $28,824,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SHY. Hantz Financial Services Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Key Financial Inc boosted its position in iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares in the last quarter. Pflug Koory LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the last quarter. Delos Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $29,000. Finally, Howe & Rusling Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after buying an additional 361 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.75 on Thursday. The company’s 50-day simple moving average is $82.88 and its 200-day simple moving average is $82.89. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20. The stock has a market capitalization of $24.19 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 company also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd will be issued a $0.223 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, March 2nd.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.