Anchor Investment Management LLC Has $43,000 Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Anchor Investment Management LLC trimmed its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 19.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 519 shares of the company’s stock after selling 122 shares during the period. Anchor Investment Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $43,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. WestEnd Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $30,000. Financial Connections Group Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $31,000. Rational Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $67,000. Global Trust Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $68,000. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.09 on Friday. The firm has a 50 day simple moving average of $82.24 and a 200 day simple moving average of $82.25. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm has a market cap of $22.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a $0.2653 dividend. The ex-dividend date of this dividend was Monday, December 2nd.

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.