Perigon Wealth Management LLC Lowers Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Perigon Wealth Management LLC cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,661 shares of the company’s stock after selling 26,729 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,727,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SHY. SPC Financial Inc. lifted its holdings 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 valued at $522,000 after purchasing an additional 140 shares during the last quarter. Center For Asset Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the last quarter. 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 worth $582,000 after acquiring an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% in the third 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. Finally, Rehmann Capital Advisory Group grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after acquiring an additional 152 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.26 on Tuesday. The firm has a market cap of $23.06 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average price of $82.02 and a 200-day moving average price 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.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.09%.

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.