Benjamin F. Edwards & Company Inc. Sells 692 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Benjamin F. Edwards & Company Inc. trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,977 shares of the company’s stock after selling 692 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $737,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Balentine LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.5% in the 3rd quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock valued at $748,328,000 after purchasing an additional 136,230 shares during the period. Assetmark Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% in the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after acquiring an additional 6,751,373 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 20.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after acquiring an additional 939,567 shares during the period. Cornell University acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $35,212,000. Finally, Raymond James & Associates boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.5% in the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after purchasing an additional 67,091 shares during the period. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.30 on Wednesday. The stock has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.43. The business has a fifty day moving average price of $81.45 and a two-hundred day moving average price of $81.59.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a $0.2616 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

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.