iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Cut by Angeles Wealth Management LLC

Angeles Wealth Management LLC cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 74.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,939 shares of the company’s stock after selling 138,417 shares during the quarter. Angeles Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,903,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 5.0% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after buying an additional 131 shares during the last quarter. Patton Fund Management Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% in the second quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after buying an additional 140 shares during the last quarter. SPC Financial Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% in the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after buying an additional 140 shares during the last quarter. Secure Asset Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% in the second quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock valued at $615,000 after buying an additional 148 shares during the last quarter. Finally, Aveo Capital Partners LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.0% in the second quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock valued at $1,229,000 after buying an additional 148 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

SHY stock traded down $0.03 during mid-day trading on Friday, reaching $82.05. The company had a trading volume of 5,598,551 shares, compared to its average volume of 4,040,163. The stock has a market capitalization of $22.16 billion, a P/E ratio of 3,695.45 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 stock’s 50-day simple moving average is $82.77 and its two-hundred day simple moving average is $82.08.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.2831 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Friday, November 1st.

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.