C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Sells 19,267 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 53.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,575 shares of the company’s stock after selling 19,267 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,359,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHY. Golden State Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. AlphaMark Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $63,000. Wingate Wealth Advisors Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $64,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $68,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.88 on Thursday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The stock has a fifty day moving average of $82.02 and a 200-day moving average of $82.36. The company has a market capitalization of $23.07 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.