iShares 1-3 Year Treasury Bond ETF $SHY Stock: Simplicity Wealth LLC Decreases Holdings

Simplicity Wealth LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 54.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,415 shares of the company’s stock after selling 13,781 shares during the period. Simplicity Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $927,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Cahaba Wealth Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% during the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after purchasing an additional 133 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock worth $1,618,000 after purchasing an additional 141 shares during the period. Centaurus Financial Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock worth $215,000 after purchasing an additional 165 shares in the last quarter. XY Planning Network Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.8% in the third quarter. XY Planning Network Inc. now owns 10,040 shares of the company’s stock worth $815,000 after purchasing an additional 178 shares in the last quarter. Finally, IFC & Insurance Marketing Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 5.4% in the second quarter. IFC & Insurance Marketing Inc. now owns 3,739 shares of the company’s stock worth $307,000 after purchasing an additional 190 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.45 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20. The business’s 50 day moving average price is $81.45 and its two-hundred day moving average price is $82.14. The firm has a market cap of $27.24 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.2410 per share. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 annualized dividend and a dividend yield of 3.6%.

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.