iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by StrongBox Wealth LLC

StrongBox Wealth LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 76.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,630 shares of the company’s stock after selling 138,494 shares during the period. StrongBox Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,543,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $17,974,000. TFB Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 28.7% during the third quarter. TFB Advisors LLC now owns 28,711 shares of the company’s stock worth $2,331,000 after buying an additional 6,404 shares during the last quarter. Capital Investment Services of America Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $11,211,000. Kestra Private Wealth Services LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $6,669,000. Finally, Chicago Partners Investment Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $300,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2%

SHY stock opened at $81.66 on Friday. The firm has a market cap of $27.47 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company’s fifty day simple moving average is $81.38 and its 200 day simple moving average is $82.09. 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 Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a $0.2544 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $3.05 annualized dividend and a dividend yield of 3.7%.

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.