Secure Asset Management LLC Sells 195 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Secure Asset Management LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,182 shares of the company’s stock after selling 195 shares during the period. Secure Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $589,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $37,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $68,000. Creative Financial Designs Inc. ADV grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third 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 last quarter. Eagle Bay Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $76,000. Finally, Bristlecone Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $78,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.14 on Friday. The firm has a market cap of $23.00 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average price is $82.02 and its two-hundred day moving average price is $82.34. 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. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.