Perfromance Wealth Partners LLC Trims Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Perfromance Wealth Partners LLC lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,212 shares of the company’s stock after selling 831 shares during the quarter. Perfromance Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,379,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SPC Financial Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after buying an additional 140 shares during the period. Redhawk Wealth Advisors Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after buying an additional 147 shares during the period. Acorn Wealth Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after buying an additional 152 shares during the period. Rehmann Capital Advisory Group raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after buying an additional 152 shares during the period. Finally, D.A. Davidson & CO. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after buying an additional 153 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.11 on Wednesday. The company has a market cap of $22.99 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The business’s 50-day simple moving average is $82.01 and its 200 day simple moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders 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 yield of 4.10%.

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.