Prime Capital Investment Advisors LLC Sells 3,399 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Prime Capital Investment Advisors LLC reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 22.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,953 shares of the company’s stock after selling 3,399 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $968,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Brown Advisory Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 268.4% during the second quarter. Brown Advisory Inc. now owns 37,804 shares of the company’s stock worth $3,065,000 after acquiring an additional 27,543 shares in the last quarter. Fort Sheridan Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $478,000. Redhawk Wealth Advisors Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 9.0% during the third quarter. Redhawk Wealth Advisors Inc. now owns 7,252 shares of the company’s stock worth $587,000 after acquiring an additional 597 shares in the last quarter. Spence Asset Management lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the third quarter. Spence Asset Management now owns 4,271 shares of the company’s stock worth $346,000 after acquiring an additional 268 shares in the last quarter. Finally, TruWealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.3% during the second quarter. TruWealth Advisors LLC now owns 49,377 shares of the company’s stock worth $4,004,000 after acquiring an additional 3,770 shares in the last quarter. Hedge funds and other institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $81.82 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.48 and a 1 year high of $82.74. The stock’s fifty day moving average price is $81.94 and its two-hundred day moving average price is $81.35.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Investors of record on Friday, February 2nd were given a $0.2421 dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $2.91 dividend on an annualized basis and a dividend yield of 3.55%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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