Salomon & Ludwin LLC Sells 132 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Salomon & Ludwin LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 108,554 shares of the company’s stock after selling 132 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 0.9% of Salomon & Ludwin LLC’s holdings, making the stock its 29th largest holding. Salomon & Ludwin LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,899,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. School Employees Retirement Board of Ohio purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $10,123,000. Eagle Asset Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Zhang Financial LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,859 shares during the last quarter. Purus Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% in the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after purchasing an additional 530 shares during the last quarter. Finally, Zacks Investment Management raised its position in iShares 1-3 Year Treasury Bond ETF by 2.8% during the 3rd quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock worth $29,862,000 after buying an additional 9,784 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.10 on Friday. The company has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01. The company has a fifty day moving average of $82.01 and a 200 day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2735 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 3rd.

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.