NewEdge Advisors LLC Sells 41,517 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

NewEdge Advisors LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 255,245 shares of the company’s stock after selling 41,517 shares during the period. NewEdge Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $20,958,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pointe Capital Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 15.4% in the second quarter. Pointe Capital Management LLC now owns 136,813 shares of the company’s stock valued at $11,234,000 after acquiring an additional 18,270 shares during the period. IFP Advisors Inc lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 16.6% during the second quarter. IFP Advisors Inc now owns 180,492 shares of the company’s stock valued at $14,820,000 after acquiring an additional 25,675 shares during the period. Squarepoint Ops LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $668,000. Baird Financial Group Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the 2nd quarter. Baird Financial Group Inc. now owns 303,706 shares of the company’s stock valued at $24,937,000 after purchasing an additional 15,954 shares in the last quarter. Finally, BayBridge Capital Group LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 27.2% in the 2nd quarter. BayBridge Capital Group LLC now owns 112,758 shares of the company’s stock valued at $9,259,000 after purchasing an additional 24,093 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $81.42 on Friday. The firm’s 50-day simple moving average is $81.88 and its 200-day simple moving average is $82.18. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.42 and a twelve month high of $83.20. The firm has a market cap of $24.94 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.244 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF Company 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.