180 Wealth Advisors LLC Reduces Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

180 Wealth Advisors LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 7,112 shares of the company’s stock after selling 2,277 shares during the period. 180 Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $582,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. UBS Group AG boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after acquiring an additional 177,582 shares during the period. Cornell University acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $35,212,000. Pinebridge Investments L.P. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% in the fourth quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after acquiring an additional 280,000 shares during the period. Raymond James & Associates lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the fourth quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock worth $229,134,000 after purchasing an additional 67,091 shares during the period. Finally, Cerity Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 43.6% in the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after buying an additional 744,074 shares during 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 Stock Up 0.1 %

NASDAQ:SHY traded up $0.06 during midday trading on Thursday, reaching $81.64. The stock had a trading volume of 1,675,840 shares, compared to its average volume of 4,013,916. The firm has a fifty day simple moving average of $81.38 and a two-hundred day simple moving average of $81.63. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.39. The stock has a market cap of $24.52 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a $0.2621 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis and a yield of 3.85%.

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.