Edge Wealth Management LLC Has $28.41 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Edge Wealth Management LLC cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 346,597 shares of the company’s stock after selling 9,332 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 5.8% of Edge Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Edge Wealth Management LLC owned approximately 0.12% of iShares 1-3 Year Treasury Bond ETF worth $28,414,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SHY. School Employees Retirement Board of Ohio bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $10,123,000. Eagle Asset Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares during the last quarter. TPG Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $295,000. Alternative Investment Advisors LLC. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $350,000. Finally, Park Avenue Securities LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 30.4% in the 3rd quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after acquiring an additional 20,384 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

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

NASDAQ:SHY opened at $82.10 on Friday. The company has a market cap of $22.75 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a fifty day simple moving average of $82.01 and a 200-day simple moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%.

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.