Capital Asset Advisory Services LLC Lowers Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Capital Asset Advisory Services LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,575 shares of the company’s stock after selling 1,180 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $785,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Logan Capital Management Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. AlphaMark Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $63,000. Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $68,000. Creative Financial Designs Inc. ADV lifted its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares in the last quarter. Finally, Eagle Bay Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $76,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.26 on Tuesday. The firm has a market capitalization of $23.06 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm has a fifty day moving average of $82.02 and a 200-day moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2804 dividend. This represents a $3.36 annualized dividend and a yield of 4.09%. 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.