Wealthcare Advisory Partners LLC Sells 15,655 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Wealthcare Advisory Partners LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 42.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,868 shares of the company’s stock after selling 15,655 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,714,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. MCF Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $30,000. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $38,000. Finally, Beacon Financial Strategies CORP purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $38,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.03 on Friday. The stock has a market capitalization of $25.13 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.75 and a one year high of $83.20. The business’s fifty day moving average price is $81.95 and its 200-day moving average price is $82.33.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.2508 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

About iShares 1-3 Year Treasury Bond ETF

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.