WealthShield Partners LLC Reduces Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

WealthShield Partners LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,170 shares of the company’s stock after selling 4,661 shares during the quarter. WealthShield Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors raised its stake in shares of 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 buying an additional 3,563,486 shares in the last quarter. LPL Financial LLC raised its position in 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 valued at $553,678,000 after buying an additional 1,193,337 shares during the period. Bank of Montreal Can raised its position in iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after buying an additional 41,969 shares during the period. Barclays PLC raised its position in 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 period. Finally, Stephens Inc. AR raised its position in iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after buying an additional 8,531 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

NASDAQ:SHY opened at $82.24 on Monday. The business’s fifty day moving average price is $82.01 and its 200 day moving average price is $82.34. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The firm has a market capitalization of $23.18 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.