iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Cut by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 145,553 shares of the company’s stock after selling 32,185 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 4.1% of VisionPoint Advisory Group LLC’s holdings, making the stock its 3rd largest holding. VisionPoint Advisory Group LLC owned about 0.05% of iShares 1-3 Year Treasury Bond ETF worth $11,930,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SHY. Center For Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. boosted its holdings 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 grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after purchasing an additional 152 shares in the last quarter. Rehmann Capital Advisory Group increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after purchasing an additional 152 shares during the period. Finally, D.A. Davidson & CO. raised its position in iShares 1-3 Year Treasury Bond ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.10 on Friday. The stock has a 50-day simple moving average of $82.00 and a 200-day simple moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid 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.

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.