Crewe Advisors LLC Sells 1,199 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Crewe Advisors LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,718 shares of the company’s stock after selling 1,199 shares during the quarter. Crewe Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $309,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SHY. SVB Wealth LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 114.1% during the first quarter. SVB Wealth LLC now owns 15,104 shares of the company’s stock valued at $1,235,000 after purchasing an additional 8,049 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after acquiring an additional 379,718 shares during the period. B. Riley Wealth Advisors Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 29.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 31,764 shares of the company’s stock worth $2,572,000 after acquiring an additional 7,268 shares in the last quarter. Sugar Maple Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $4,843,000. Finally, William Howard & Co Financial Advisors Inc bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $1,649,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Friday. The company has a market capitalization of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. The company has a 50-day simple moving average of $82.51 and a two-hundred day simple moving average of $82.17. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.2831 per share. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF Company 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.