Beacon Financial Advisory LLC Trims Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Beacon Financial Advisory LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 17.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,067 shares of the company’s stock after selling 1,087 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $416,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SHY. Coppell Advisory Solutions Corp. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $30,000. Global Wealth Management Investment Advisory Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Fortitude Family Office LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $45,000. Stonebridge Capital Advisors LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after acquiring an additional 554 shares in the last quarter. Finally, Indiana Trust & Investment Management CO bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $49,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NASDAQ SHY opened at $81.35 on Wednesday. The stock’s fifty day simple moving average is $81.77 and its two-hundred day simple moving average is $81.51. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.61.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd will be given a $0.2705 dividend. The ex-dividend date of this dividend is Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a dividend yield of 3.99%.

About iShares 1-3 Year Treasury Bond ETF

(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.

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

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