High Net Worth Advisory Group LLC Sells 500 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

High Net Worth Advisory Group LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,500 shares of the company’s stock after selling 500 shares during the period. High Net Worth Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $205,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. School Employees Retirement Board of Ohio bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $10,123,000. Eagle Asset Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after buying an additional 1,938 shares in the last quarter. Alternative Investment Advisors LLC. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $350,000. Park Avenue Securities LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 30.4% during the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after acquiring an additional 20,384 shares in the last quarter. Finally, Bridge Advisory LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 19.2% during the 3rd quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock worth $914,000 after acquiring an additional 1,774 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.14 on Monday. The company’s 50 day simple moving average is $82.02 and its two-hundred day simple moving average is $82.34. The stock has a market capitalization of $23.02 billion, a PE ratio of 3,695.45 and a beta of 0.01. 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 Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares 1-3 Year Treasury Bond ETF

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.