Park Edge Advisors LLC Has $2.11 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Park Edge Advisors LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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.

Other hedge funds and other institutional investors have also modified their holdings of the company. School Employees Retirement Board of Ohio bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $10,123,000. Eagle Asset Management Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after buying an additional 1,938 shares in the last quarter. Alternative Investment Advisors LLC. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $350,000. Park Avenue Securities LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 30.4% during the 3rd quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock worth $7,261,000 after acquiring an additional 20,384 shares in the last quarter. Finally, Bridge Advisory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 19.2% during the 3rd quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock valued at $914,000 after acquiring an additional 1,774 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

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

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company 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. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.