iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Bright Futures Wealth Management LLC.

Bright Futures Wealth Management LLC. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,541 shares of the company’s stock after selling 1,136 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 2.3% of Bright Futures Wealth Management LLC.’s holdings, making the stock its 12th biggest holding. Bright Futures Wealth Management LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,594,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $30,000. Van ECK Associates Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the last quarter. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $37,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $63,000. Finally, Wingate Wealth Advisors Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $64,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The stock has a market cap of $23.10 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company has a 50-day moving average price of $82.02 and a 200 day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2735 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 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.