JFS Wealth Advisors LLC Sells 14,620 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

JFS Wealth Advisors LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 97,775 shares of the company’s stock after selling 14,620 shares during the quarter. JFS Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,016,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. Van ECK Associates Corp grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the period. Roxbury Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $36,000. Logan Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. Finally, AlphaMark Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $63,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ:SHY opened at $82.10 on Monday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market capitalization of $23.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm has a fifty day simple moving average of $82.01 and a two-hundred day simple moving average of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.