My Legacy Advisors LLC Sells 374 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

My Legacy Advisors LLC cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,267 shares of the company’s stock after selling 374 shares during the period. My Legacy Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $350,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. Cerity Partners OCIO LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $129,075,000. LPL Financial LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after buying an additional 1,193,337 shares during the period. Barclays PLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in iShares 1-3 Year Treasury Bond ETF by 179.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after acquiring an additional 546,239 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.08 on Monday. The stock has a 50-day moving average of $82.01 and a two-hundred day moving average of $82.33. The stock has a market cap of $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

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.