iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 110,325 shares of the company’s stock after selling 1,206 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 2.1% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Independent Solutions Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,174,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. B. Riley Wealth Advisors Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 1.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 26,084 shares of the company’s stock valued at $2,168,000 after acquiring an additional 486 shares during the period. Alternative Investment Advisors LLC. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.0% in the third quarter. Alternative Investment Advisors LLC. now owns 8,691 shares of the company’s stock worth $723,000 after purchasing an additional 4,410 shares in the last quarter. Logan Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $37,000. Fidelity D & D Bancorp Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 19.0% in the 3rd quarter. Fidelity D & D Bancorp Inc. now owns 33,455 shares of the company’s stock valued at $2,782,000 after buying an additional 5,349 shares in the last quarter. Finally, Capasso Planning Partners LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.9% during the 3rd quarter. Capasso Planning Partners LLC now owns 61,331 shares of the company’s stock worth $5,100,000 after buying an additional 13,760 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.05 during trading on Thursday, hitting $81.73. The stock had a trading volume of 3,382,481 shares, compared to its average volume of 3,999,398. The business has a fifty day moving average of $82.21 and a two-hundred day moving average of $82.27. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm has a market cap of $22.08 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, December 18th will be issued a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Wednesday, December 18th.

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.