Single Point Partners LLC Trims Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Single Point Partners LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 3.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,102 shares of the company’s stock after selling 1,213 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.7% of Single Point Partners LLC’s portfolio, making the stock its 26th biggest holding. Single Point Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,952,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $39,000. Fortitude Family Office LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $45,000. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $55,000. Vestor Capital LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% during the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after buying an additional 153 shares during the period. Finally, Financial Gravity Asset Management Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after buying an additional 625 shares during the period. 23.62% of the stock is currently owned by institutional investors and hedge funds.

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

SHY stock traded up $0.03 during midday trading on Friday, hitting $81.64. 2,068,379 shares of the company’s stock were exchanged, compared to its average volume of 4,079,850. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.39. The firm has a 50 day moving average price of $81.35 and a 200-day moving average price of $81.63. The stock has a market capitalization of $24.52 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a $0.2621 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.15 annualized dividend and a dividend yield of 3.85%.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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