Atlas Capital Advisors LLC Reduces Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Atlas Capital Advisors LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 89.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 7,268 shares of the company’s stock after selling 61,261 shares during the quarter. Atlas Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $594,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $39,000. Fortitude Family Office LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $45,000. Cedar Mountain Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $55,000. Vestor Capital LLC boosted its position 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 acquiring an additional 153 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. boosted its position 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 acquiring an additional 625 shares during the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock traded up $0.01 on Tuesday, hitting $81.66. 2,618,064 shares of the stock traded hands, compared to its average volume of 4,047,163. The firm’s 50-day moving average price is $81.37 and its two-hundred day moving average price is $81.63. The stock has a market capitalization of $24.53 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 $80.55 and a twelve month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.2621 per share. The ex-dividend date 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

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.