Cynosure Group LLC Reduces Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cynosure Group LLC lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,066 shares of the company’s stock after selling 128 shares during the quarter. Cynosure Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $255,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Guidance Capital Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 11.8% during the second quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock worth $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% in the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after purchasing an additional 895 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 13.4% in the second 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 during the period. School Employees Retirement Board of Ohio purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $10,123,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $1,459,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ SHY opened at $82.32 on Friday. The stock has a market capitalization of $22.23 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a fifty day simple moving average of $82.42 and a 200-day simple moving average of $82.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.13%. The ex-dividend date was Friday, November 1st.

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.