Whalen Wealth Management Inc. Has $380,000 Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Whalen Wealth Management Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 98.7% in the fourth quarter, Holdings Channel reports. The fund owned 4,641 shares of the company’s stock after selling 345,857 shares during the period. Whalen Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $380,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $37,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $68,000. Creative Financial Designs Inc. ADV boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the period. Eagle Bay Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $76,000. Finally, Bristlecone Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $78,000. 23.15% of the stock is owned by institutional investors and hedge funds.

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

Shares of SHY opened at $82.09 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a market capitalization of $22.99 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company has a 50 day moving average of $82.02 and a 200-day moving average of $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.