Ballast Advisors LLC Sells 851 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ballast Advisors LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,686 shares of the company’s stock after selling 851 shares during the quarter. Ballast Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $302,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Eagle Asset Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 51.6% in the fourth quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock worth $8,840,000 after acquiring an additional 36,585 shares in the last quarter. Simplicity Wealth LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $719,000. Pinnacle Financial Partners Inc grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after acquiring an additional 22,721 shares during the last quarter. Finally, Zhang Financial LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after acquiring an additional 1,859 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.53 on Friday. The firm has a market cap of $23.26 billion, a P/E ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm has a 50-day simple moving average of $82.21 and a two-hundred day simple moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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