Diversify Wealth Management LLC Sells 6,221 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Diversify Wealth Management LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 42.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,493 shares of the company’s stock after selling 6,221 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Pinnacle Associates Ltd. grew its position in iShares 1-3 Year Treasury Bond ETF by 9.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 4,712 shares of the company’s stock worth $387,000 after purchasing an additional 401 shares during the period. Trajan Wealth LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.9% in the 3rd quarter. Trajan Wealth LLC now owns 119,579 shares of the company’s stock worth $9,943,000 after buying an additional 6,671 shares during the last quarter. Mutual Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 29.1% in the third quarter. Mutual Advisors LLC now owns 97,716 shares of the company’s stock worth $8,057,000 after acquiring an additional 22,048 shares during the period. Bay Rivers Group increased its position in iShares 1-3 Year Treasury Bond ETF by 13.4% during the third quarter. Bay Rivers Group now owns 3,679 shares of the company’s stock valued at $306,000 after acquiring an additional 436 shares during the last quarter. Finally, Integrated Advisors Network LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 2.8% during the third quarter. Integrated Advisors Network LLC now owns 97,907 shares of the company’s stock valued at $8,141,000 after acquiring an additional 2,651 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.36 on Friday. The stock’s 50-day simple moving average is $82.78 and its two-hundred day simple moving average is $82.07. The stock has a market capitalization of $22.46 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.80 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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