iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by PSI Advisors LLC

PSI Advisors LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 82,729 shares of the company’s stock after selling 20,749 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 2.0% of PSI Advisors LLC’s holdings, making the stock its 13th biggest holding. PSI Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,782,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $37,000. Global Trust Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $68,000. Creative Financial Designs Inc. ADV grew its position in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd 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 acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $76,000. Finally, Bristlecone Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $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 %

SHY stock opened at $81.85 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The company has a market capitalization of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm’s 50-day moving average is $82.01 and its two-hundred day moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis and a dividend 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.