4J Wealth Management LLC Reduces Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

4J Wealth Management LLC cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,744 shares of the company’s stock after selling 644 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 1.6% of 4J Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. 4J Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,028,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Captrust Financial Advisors boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after acquiring an additional 1,193,337 shares during the last quarter. Bank of Montreal Can lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after buying an additional 41,969 shares in the last quarter. Barclays PLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares in the last quarter. Finally, Stephens Inc. AR lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after buying an additional 8,531 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of SHY stock opened at $82.29 on Friday. The stock has a market cap of $23.17 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm’s 50 day moving average price is $82.04 and its two-hundred day moving average price is $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%.

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.