Winch Advisory Services LLC Sells 946 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Winch Advisory Services LLC decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 42,351 shares of the company’s stock after selling 946 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 1.0% of Winch Advisory Services LLC’s portfolio, making the stock its 21st largest position. Winch Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,521,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Guidance Capital Inc. boosted its position 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 purchasing an additional 359 shares during the period. Gradient Investments LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock worth $79,000 after acquiring an additional 895 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of 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 worth $4,490,000 after acquiring an additional 6,493 shares during the period. Burke & Herbert Bank & Trust Co. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $1,459,000. Finally, Diversify Advisory Services LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $1,287,000. 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 opened at $82.47 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.80 and a 52-week high of $83.30. The business’s fifty day moving average is $82.81 and its 200 day moving average is $82.02. The company has a market capitalization of $22.65 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2883 dividend. The ex-dividend date 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.