Ameliora Wealth Management Ltd. Sells 68,491 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ameliora Wealth Management Ltd. reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 92.4% in the third quarter, HoldingsChannel.com reports. The firm owned 5,657 shares of the company’s stock after selling 68,491 shares during the period. Ameliora Wealth Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $470,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SWP Financial LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $338,000. Guidance Capital Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% in the second quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after acquiring an additional 359 shares in the last quarter. Gradient Investments LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after acquiring an additional 895 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after acquiring an additional 6,493 shares in the last quarter. Finally, Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $1,459,000. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY traded up $0.07 on Friday, hitting $82.54. 3,367,370 shares of the stock traded hands, compared to its average volume of 4,115,898. The business’s fifty day moving average is $82.81 and its two-hundred day moving average is $81.97. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.67 and a 12 month high of $83.30. The firm has a market capitalization of $22.72 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.