iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Archford Capital Strategies LLC

Archford Capital Strategies LLC trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,337 shares of the company’s stock after selling 446 shares during the quarter. Archford Capital Strategies LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,569,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. SPC Financial Inc. increased its stake in shares of 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 during the period. Redhawk Wealth Advisors Inc. lifted its stake 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 worth $582,000 after acquiring an additional 147 shares during the last quarter. Acorn Wealth Advisors LLC grew its holdings 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 acquiring an additional 152 shares in the last quarter. Rehmann Capital Advisory Group increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd 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 last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of 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. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.14 on Friday. The business has a 50-day moving average of $82.02 and a two-hundred day moving average of $82.34. The company has a market capitalization of $23.02 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.