TruWealth Advisors LLC Decreases Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

TruWealth Advisors LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,474 shares of the company’s stock after selling 1,299 shares during the period. TruWealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $289,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SHY. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $30,000. Financial Connections Group Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $31,000. Criterion Capital Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $36,000. Finally, Mather Group LLC. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $39,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

NASDAQ:SHY opened at $82.52 on Friday. The firm has a market capitalization of $22.70 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company has a fifty day moving average of $82.81 and a 200 day moving average of $81.99. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.67 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.