Mount Yale Investment Advisors LLC Has $452,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mount Yale Investment Advisors LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,514 shares of the company’s stock after selling 157 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $452,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Logan Capital Management Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. AlphaMark Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $63,000. Global Trust Asset Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $68,000. Creative Financial Designs Inc. ADV lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares in the last quarter. Finally, Eagle Bay Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $76,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.28 on Wednesday. The stock’s 50-day moving average is $82.02 and its 200-day moving average is $82.35. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The firm has a market cap of $23.06 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.09%.

iShares 1-3 Year Treasury Bond ETF 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.