iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Private Management Group Inc.

Private Management Group Inc. decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 65,487 shares of the company’s stock after selling 3,980 shares during the quarter. Private Management Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,369,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SPC Financial Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after buying an additional 140 shares in the last quarter. Center For Asset Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after purchasing an additional 145 shares during the period. Redhawk Wealth Advisors Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 2.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares during the period. Acorn Wealth Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group raised its position in iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

NASDAQ:SHY opened at $82.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The company has a market capitalization of $23.12 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average is $82.03 and its two-hundred day moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF 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.