Counterweight Ventures LLC Lowers Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Counterweight Ventures LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 45.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 25,588 shares of the company’s stock after selling 21,420 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.5% of Counterweight Ventures LLC’s portfolio, making the stock its 26th biggest holding. Counterweight Ventures LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Cerity Partners OCIO LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $129,075,000. Mizuho Markets Americas LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $44,917,000. SG Americas Securities LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after purchasing an additional 490,171 shares during the period. LPL Financial LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.17 on Tuesday. The stock has a market capitalization of $22.19 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a 50 day simple moving average of $82.60 and a 200-day simple moving average of $82.15. 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2831 dividend. This represents a $3.40 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.