Edge Wealth Management LLC Has $30.14 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Edge Wealth Management LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,490 shares of the company’s stock after selling 17,401 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 6.3% of Edge Wealth Management LLC’s holdings, making the stock its 4th largest holding. Edge Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $30,135,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. UBS Group AG lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after purchasing an additional 177,582 shares in the last quarter. Cornell University bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $35,212,000. Pinebridge Investments L.P. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 7.3% during the 4th quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock worth $335,790,000 after buying an additional 280,000 shares in the last quarter. Raymond James & Associates boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.5% in the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after buying an additional 67,091 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% in the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after buying an additional 744,074 shares during the period. 23.62% of the stock is currently owned by institutional investors.

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

Shares of SHY traded up $0.10 during trading hours on Friday, hitting $81.74. 328,991 shares of the stock traded hands, compared to its average volume of 3,984,198. The business has a fifty day moving average of $81.38 and a 200-day moving average of $81.63. The firm has a market capitalization of $24.55 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.55 and a 1-year high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.2621 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis and a yield of 3.85%.

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.