Kooman & Associates Sells 1,206 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Kooman & Associates reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.5% during the 3rd quarter, Holdings Channel reports. The fund owned 80,818 shares of the company’s stock after selling 1,206 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 2.5% of Kooman & Associates’ portfolio, making the stock its 8th biggest position. Kooman & Associates’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,720,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $30,000. Financial Connections Group Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $31,000. Atticus Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 76.0% in the 1st quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after purchasing an additional 237 shares during the last quarter. Rational Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $67,000. Finally, Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.42 on Friday. The company has a 50 day moving average price of $82.80 and a 200 day moving average price of $82.04. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.80 and a fifty-two week high of $83.30. The stock has a market capitalization of $22.56 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 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.