Avior Wealth Management LLC Decreases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Avior Wealth Management LLC cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 25,550 shares of the company’s stock after selling 17,307 shares during the period. Avior Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,125,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SHY. Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. Mizuho Markets Americas LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $44,917,000. SG Americas Securities LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after purchasing an additional 490,171 shares in the last quarter. LPL Financial LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after buying an additional 422,978 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after buying an additional 379,718 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 Price Performance

Shares of NASDAQ SHY opened at $82.08 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The company has a market capitalization of $22.17 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50-day moving average of $82.58 and a two-hundred day moving average of $82.16.

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 paid a $0.2831 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date was Friday, November 1st.

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.