Independent Solutions Wealth Management LLC Sells 26,962 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Independent Solutions Wealth Management LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 83,363 shares of the company’s stock after selling 26,962 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.5% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 19th biggest position. Independent Solutions Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,834,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Banque Cantonale Vaudoise purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $92,000. Prospera Private Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $136,000. Darwin Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $99,000. King Luther Capital Management Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.9% in the 3rd quarter. King Luther Capital Management Corp now owns 4,206 shares of the company’s stock worth $350,000 after buying an additional 234 shares during the period. Finally, America First Investment Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 12.1% in the 3rd quarter. America First Investment Advisors LLC now owns 415,403 shares of the company’s stock worth $34,541,000 after buying an additional 44,917 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHY opened at $82.53 on Friday. The business’s 50-day simple moving average is $82.21 and its two-hundred day simple moving average is $82.32. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The stock has a market cap of $23.26 billion, a PE ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.