Strategic Wealth Partners Ltd. Decreases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Strategic Wealth Partners Ltd. reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,665 shares of the company’s stock after selling 1,161 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the company. UBS Group AG increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% in the 4th quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after acquiring an additional 177,582 shares during the last quarter. Captrust Financial Advisors raised its position in iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares during the last quarter. Cornell University purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $35,212,000. Pinebridge Investments L.P. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% during the fourth quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after buying an additional 280,000 shares during the period. Finally, Cerity Partners LLC raised its position 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 worth $201,006,000 after acquiring an additional 744,074 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.6 %

NASDAQ:SHY traded up $0.46 during trading hours on Friday, reaching $82.67. 4,989,175 shares of the company traded hands, compared to its average volume of 3,916,141. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.62 and a 1 year high of $82.69. The business’s 50-day moving average price is $81.67 and its two-hundred day moving average price is $81.62. The stock has a market capitalization of $24.36 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be issued a dividend of $0.2725 per share. This represents a $3.27 annualized dividend and a dividend yield of 3.95%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Thursday, August 1st.

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.