Premier Path Wealth Partners LLC Sells 13,824 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Premier Path Wealth Partners LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,739 shares of the company’s stock after selling 13,824 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 1.1% of Premier Path Wealth Partners LLC’s portfolio, making the stock its 18th largest holding. Premier Path Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,401,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SHY. MCF Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $25,000. Holos Integrated Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $29,000. Lodestone Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $29,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $33,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $38,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.11 on Wednesday. The business’s fifty day moving average is $82.17 and its 200 day moving average is $82.54. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The company has a market capitalization of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2429 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 1st.

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.