Independent Solutions Wealth Management LLC Sells 26,962 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Independent Solutions Wealth Management LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,363 shares of the company’s stock after selling 26,962 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 1.5% of Independent Solutions Wealth Management LLC’s portfolio, making the stock its 19th biggest position. Independent Solutions Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,834,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $30,000. Van ECK Associates Corp boosted its holdings in 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 worth $32,000 after purchasing an additional 187 shares during the last quarter. Roxbury Financial LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $36,000. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.53 on Friday. The firm has a market capitalization of $23.26 billion, a P/E ratio of 3,745.00 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. The business has a fifty day moving average of $82.21 and a 200 day moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date was Monday, March 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.