iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Insight 2811 Inc.

Insight 2811 Inc. decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 293,888 shares of the company’s stock after selling 169,265 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 12.2% of Insight 2811 Inc.’s investment portfolio, making the stock its 2nd largest position. Insight 2811 Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $24,437,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 5.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock worth $225,000 after purchasing an additional 131 shares in the last quarter. Patton Fund Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.8% during the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after acquiring an additional 140 shares during the period. SPC Financial Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after acquiring an additional 140 shares in the last quarter. Secure Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% during the second quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock worth $615,000 after purchasing an additional 148 shares during the period. Finally, Aveo Capital Partners LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% during the second quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock worth $1,229,000 after purchasing an additional 148 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY traded up $0.02 during midday trading on Friday, hitting $81.95. The company’s stock had a trading volume of 200,914 shares, compared to its average volume of 4,038,496. The firm has a market capitalization of $22.13 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s fifty day simple moving average is $82.63 and its two-hundred day simple moving average is $82.13. 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 firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.15%.

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.