iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 95.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,002 shares of the company’s stock after selling 140,515 shares during the period. Woodmont Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $499,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Jackson Square Capital LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $2,739,000. US Financial Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.8% during the 3rd quarter. US Financial Advisors LLC now owns 73,815 shares of the company’s stock worth $6,138,000 after buying an additional 2,678 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 4.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 4,402 shares of the company’s stock valued at $366,000 after buying an additional 203 shares during the period. Flagship Private Wealth LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 666.9% in the third quarter. Flagship Private Wealth LLC now owns 55,089 shares of the company’s stock worth $4,581,000 after acquiring an additional 47,906 shares in the last quarter. Finally, Crescent Grove Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 31.0% in the third quarter. Crescent Grove Advisors LLC now owns 33,409 shares of the company’s stock worth $2,778,000 after acquiring an additional 7,915 shares in the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ SHY opened at $82.13 on Friday. The stock has a market cap of $22.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s fifty day simple moving average is $82.72 and its 200-day simple moving average is $82.10. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.