Park Edge Advisors LLC Sells 523 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Park Edge Advisors LLC trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% in the 4th quarter, Holdings Channel reports. The fund owned 25,715 shares of the company’s stock after selling 523 shares during the quarter. Park Edge Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,108,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SHY. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. LPL Financial LLC boosted its stake 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 worth $553,678,000 after buying an additional 1,193,337 shares in the last quarter. Bank of Montreal Can increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd 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 stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd 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 in the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock worth $111,226,000 after acquiring an additional 8,531 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.14 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a market cap of $23.02 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s 50-day simple moving average is $82.02 and its 200 day simple moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.