Fiduciary Group LLC Sells 35,988 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fiduciary Group LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 398,281 shares of the company’s stock after selling 35,988 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 3.3% of Fiduciary Group LLC’s investment portfolio, making the stock its 4th biggest position. Fiduciary Group LLC owned about 0.14% of iShares 1-3 Year Treasury Bond ETF worth $32,651,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. L.K. Benson & Company P.C. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $464,000. GM Advisory Group LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.6% during the fourth quarter. GM Advisory Group LLC now owns 715,369 shares of the company’s stock worth $58,646,000 after buying an additional 44,453 shares in the last quarter. Investment House LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 16.0% during the fourth quarter. Investment House LLC now owns 57,444 shares of the company’s stock worth $4,709,000 after buying an additional 7,905 shares in the last quarter. Brooklyn FI LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $331,000. Finally, Compass Ion Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.9% during the fourth quarter. Compass Ion Advisors LLC now owns 10,807 shares of the company’s stock worth $886,000 after buying an additional 971 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.51 on Thursday. The company has a fifty day moving average price of $82.20 and a 200-day moving average price of $82.32. The company has a market capitalization of $23.25 billion, a P/E ratio of 3,745.00 and a beta of 0.01. 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 firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.