iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Cut by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.8% in the 3rd quarter, Holdings Channel reports. The firm owned 5,712 shares of the company’s stock after selling 692 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the business. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $30,000. Financial Connections Group Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $31,000. Global Trust Asset Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $68,000. Rational Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $67,000. Finally, Creative Financial Designs Inc. ADV boosted its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.10 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a fifty day moving average price of $82.23 and a 200 day moving average price of $82.26. The company has a market cap of $22.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a $0.2653 dividend. The ex-dividend date of this dividend was Monday, December 2nd.

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.