Shira Ridge Wealth Management Sells 2,813 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Shira Ridge Wealth Management decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,595 shares of the company’s stock after selling 2,813 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 0.6% of Shira Ridge Wealth Management’s investment portfolio, making the stock its 27th largest holding. Shira Ridge Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,112,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Fulcrum Equity Management purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $472,000. Spreng Capital Management Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% during the fourth quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after purchasing an additional 1,461 shares during the last quarter. Element Wealth LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 25.7% during the fourth quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock valued at $1,800,000 after purchasing an additional 4,488 shares during the last quarter. SWP Financial LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $338,000. Finally, Sarasin & Partners LLP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $1,151,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ:SHY traded up $0.07 during midday trading on Tuesday, reaching $81.38. 2,468,570 shares of the company were exchanged, compared to its average volume of 3,997,914. The business’s fifty day moving average is $81.40 and its two-hundred day moving average is $81.62. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39. The stock has a market cap of $24.45 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a dividend of $0.2704 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.24 annualized dividend and a yield of 3.99%.

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.