iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,614 shares of the company’s stock after selling 462 shares during the quarter. MinichMacGregor Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,793,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Guidance Capital Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after buying an additional 359 shares during the period. Gradient Investments LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1,316.2% during the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock worth $79,000 after purchasing an additional 895 shares during the period. Oppenheimer Asset Management Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 13.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after purchasing an additional 6,493 shares in the last quarter. School Employees Retirement Board of Ohio purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $10,123,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $1,459,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock traded down $0.08 during trading hours on Tuesday, reaching $82.03. 310,229 shares of the stock were exchanged, compared to its average volume of 4,015,073. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The business’s fifty day moving average is $82.75 and its two-hundred day moving average is $82.10. The firm has a market capitalization of $22.16 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a $0.2831 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Friday, November 1st.

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.