18,827 iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Invested Advisors

Invested Advisors decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 58.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,508 shares of the company’s stock after selling 18,827 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 0.9% of Invested Advisors’ investment portfolio, making the stock its 26th biggest holding. Invested Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,097,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Bank of America Corp DE lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after buying an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after acquiring an additional 165,473 shares in the last quarter. RPOA Advisors Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $301,889,000. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after acquiring an additional 2,454,485 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% during the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after acquiring an additional 1,002,453 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

Shares of SHY opened at $81.50 on Friday. The stock has a 50 day moving average of $81.47 and a 200 day moving average of $81.88. The company has a market capitalization of $27.27 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.95 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.2410 dividend. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a yield of 3.5%.

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.