Benjamin F. Edwards & Company Inc. Lowers Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Benjamin F. Edwards & Company Inc. reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,977 shares of the company’s stock after selling 692 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $737,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fortitude Family Office LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $45,000. Cedar Mountain Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $55,000. Financial Gravity Asset Management Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after buying an additional 625 shares in the last quarter. Halpern Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $62,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its holdings in iShares 1-3 Year Treasury Bond ETF by 28.8% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock valued at $63,000 after buying an additional 173 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.30 on Wednesday. The firm has a fifty day moving average price of $81.45 and a 200 day moving average price of $81.59. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.43. The firm has a market cap of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a $0.2616 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.86%.

iShares 1-3 Year Treasury Bond ETF 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.