West Paces Advisors Inc. Trims Position in iShares 1-3 Year Treasury Bond ETF $SHY

West Paces Advisors Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 45.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 16,177 shares of the company’s stock after selling 13,561 shares during the period. West Paces Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,340,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Key Financial Inc raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after buying an additional 196 shares during the last quarter. Pflug Koory LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 287 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Finally, Delos Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $29,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.42 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.21 and a 52-week high of $83.20. The company’s 50-day simple moving average is $82.71 and its 200-day simple moving average is $82.82. The firm has a market cap of $25.07 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.2469 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Wednesday, April 1st.

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.