Fiduciary Alliance LLC Cuts Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fiduciary Alliance LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 77.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,000 shares of the company’s stock after selling 23,821 shares during the quarter. Fiduciary Alliance LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $574,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in SHY. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $68,000. Creative Financial Designs Inc. ADV boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $76,000. Finally, Bristlecone Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $78,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

Shares of SHY stock opened at $81.85 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The firm’s 50 day moving average is $82.01 and its 200 day moving average is $82.32. The stock has a market capitalization of $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2804 dividend. This represents a $3.36 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.