Independent Family Office LLC Sells 16,375 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Independent Family Office LLC trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 43.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,174 shares of the company’s stock after selling 16,375 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 0.9% of Independent Family Office LLC’s portfolio, making the stock its 19th largest holding. Independent Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,736,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SHY. Harbour Investments Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.8% in the third quarter. Harbour Investments Inc. now owns 3,196 shares of the company’s stock valued at $266,000 after purchasing an additional 258 shares in the last quarter. Empowered Funds LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 111.3% in the third quarter. Empowered Funds LLC now owns 33,277 shares of the company’s stock valued at $2,757,000 after purchasing an additional 17,525 shares in the last quarter. ETF Store Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 10.1% in the third quarter. ETF Store Inc. now owns 4,987 shares of the company’s stock valued at $415,000 after purchasing an additional 458 shares in the last quarter. J. W. Coons Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.2% in the third quarter. J. W. Coons Advisors LLC now owns 16,851 shares of the company’s stock valued at $1,401,000 after purchasing an additional 1,422 shares in the last quarter. Finally, Nixon Peabody Trust Co. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $2,122,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.39 on Tuesday. The stock has a fifty day moving average price of $82.18 and a two-hundred day moving average price of $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 firm has a market capitalization of $23.22 billion, a P/E ratio of 3,755.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders 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.