Financial Advocates Investment Management Cuts Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Financial Advocates Investment Management lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,492 shares of the company’s stock after selling 19,082 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,664,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SHY. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $37,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $63,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $68,000. Creative Financial Designs Inc. ADV increased its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $76,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.06 on Friday. The stock has a market capitalization of $23.12 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 twelve month low of $80.91 and a twelve month high of $83.30. The business’s 50 day simple moving average is $82.03 and its 200-day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF Company 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.