Enclave Advisors LLC Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Enclave Advisors LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,045 shares of the company’s stock after selling 696 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 0.7% of Enclave Advisors LLC’s holdings, making the stock its 28th largest holding. Enclave Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,431,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Transform Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $3,549,000. Sugar Maple Asset Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Sugar Maple Asset Management LLC now owns 77,016 shares of the company’s stock worth $6,314,000 after acquiring an additional 1,739 shares during the period. Atwood & Palmer Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.0% during the fourth quarter. Atwood & Palmer Inc. now owns 541,631 shares of the company’s stock worth $44,403,000 after acquiring an additional 35,312 shares during the period. Pure Financial Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 10.8% in the fourth quarter. Pure Financial Advisors LLC now owns 83,526 shares of the company’s stock valued at $6,847,000 after acquiring an additional 8,113 shares in the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% in the fourth quarter. Gemmer Asset Management LLC now owns 81,110 shares of the company’s stock valued at $6,649,000 after purchasing an additional 1,509 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.11 on Wednesday. The company has a market cap of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50-day moving average is $82.01 and its two-hundred day moving average is $82.34. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%.

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.