Gray Wealth Management Inc. Has $201,000 Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Gray Wealth Management Inc. lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,451 shares of the company’s stock after selling 235 shares during the period. Gray Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $201,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Van ECK Associates Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the last quarter. Roxbury Financial LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $36,000. Logan Capital Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. Finally, Creative Capital Management Investments LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $45,000. Institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.42 on Monday. The stock’s fifty day simple moving average is $82.17 and its 200-day simple moving average is $82.32. The firm has a market capitalization of $23.23 billion, a P/E ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 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.