1620 Investment Advisors Inc. Sells 340 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

1620 Investment Advisors Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 5.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,445 shares of the company’s stock after selling 340 shares during the period. 1620 Investment Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $522,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SHY. JPMorgan Chase & Co. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 65.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 25,532,359 shares of the company’s stock valued at $2,070,164,000 after acquiring an additional 10,066,797 shares in the last quarter. Morgan Stanley raised its stake in iShares 1-3 Year Treasury Bond ETF by 16.9% in the 4th quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after acquiring an additional 2,893,771 shares during the period. BlackRock Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 3.8% in the 2nd quarter. BlackRock Inc. now owns 11,286,335 shares of the company’s stock valued at $915,096,000 after acquiring an additional 408,702 shares during the period. Balentine LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% in the 2nd quarter. Balentine LLC now owns 9,105,811 shares of the company’s stock valued at $738,269,000 after acquiring an additional 50,292 shares during the period. Finally, Assetmark Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 601.3% in the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after acquiring an additional 6,751,373 shares during the period. 18.38% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 1-3 Year Treasury Bond ETF stock traded down $0.03 during midday trading on Friday, reaching $81.81. The stock had a trading volume of 2,523,853 shares, compared to its average volume of 5,118,611. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.48 and a 12 month high of $82.74. The firm’s 50-day moving average price is $81.93 and its 200 day moving average price is $81.33.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were given a dividend of $0.2421 per share. This represents a $2.91 annualized dividend and a dividend yield of 3.55%. The ex-dividend date was Thursday, February 1st.

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.

See Also

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

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