WealthShield Partners LLC Has $1.41 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

WealthShield Partners LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,170 shares of the company’s stock after selling 4,661 shares during the period. WealthShield Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,408,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SHY. Golden State Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Van ECK Associates Corp raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares in the last quarter. Roxbury Financial LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $36,000. Logan Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $37,000. Finally, Creative Capital Management Investments LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $45,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of SHY opened at $82.24 on Monday. The stock has a market cap of $23.18 billion, a PE 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. The stock has a 50 day simple moving average of $82.01 and a 200-day simple moving average of $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.