Anchor Investment Management LLC Has $43,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Anchor Investment Management LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 19.0% during the third quarter, Holdings Channel.com reports. The fund owned 519 shares of the company’s stock after selling 122 shares during the period. Anchor Investment Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $43,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Westside Investment Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% during the 3rd quarter. Westside Investment Management Inc. now owns 30,843 shares of the company’s stock worth $2,565,000 after buying an additional 576 shares during the period. Discipline Wealth Solutions LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $940,000. M&T Bank Corp raised its holdings in iShares 1-3 Year Treasury Bond ETF by 77.0% in the third quarter. M&T Bank Corp now owns 669,583 shares of the company’s stock worth $55,676,000 after purchasing an additional 291,373 shares during the period. Rehmann Capital Advisory Group boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after purchasing an additional 152 shares in the last quarter. Finally, Arete Wealth Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 786.6% during the third quarter. Arete Wealth Advisors LLC now owns 56,193 shares of the company’s stock worth $4,672,000 after purchasing an additional 49,855 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

SHY opened at $82.09 on Friday. The company has a fifty day simple moving average of $82.24 and a 200 day simple moving average of $82.25. The stock has a market cap of $22.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01. 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 Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a dividend of $0.2653 per share. The ex-dividend date of this dividend was Monday, December 2nd.

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.