Avior Wealth Management LLC Has $2.05 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Avior Wealth Management LLC cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,009 shares of the company’s stock after selling 541 shares during the period. Avior Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,050,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. School Employees Retirement Board of Ohio bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $10,123,000. Eagle Asset Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares during the last quarter. Alternative Investment Advisors LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $350,000. Park Avenue Securities LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 30.4% during the 3rd quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after purchasing an additional 20,384 shares in the last quarter. Finally, Bridge Advisory LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 19.2% in the 3rd quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock valued at $914,000 after purchasing an additional 1,774 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.09 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company’s fifty day moving average price is $82.02 and its two-hundred day moving average price is $82.34. The company has a market capitalization of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.