iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,253 shares of the company’s stock after selling 334 shares during the period. Sugarloaf Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $267,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors lifted its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after purchasing an additional 3,563,486 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the last quarter. Bank of Montreal Can increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after acquiring an additional 41,969 shares during the period. Barclays PLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares during the period. Finally, Cerity Partners OCIO LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $129,075,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY traded down $0.14 during midday trading on Friday, hitting $81.84. The stock had a trading volume of 2,412,315 shares, compared to its average volume of 3,020,025. 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 $22.72 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s 50-day simple moving average is $82.02 and its 200 day simple moving average is $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.11%.

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.