iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Csenge Advisory Group

Csenge Advisory Group reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 81.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,258 shares of the company’s stock after selling 18,762 shares during the period. Csenge Advisory Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $353,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Sowell Financial Services LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.4% during the 2nd quarter. Sowell Financial Services LLC now owns 14,864 shares of the company’s stock worth $1,232,000 after acquiring an additional 355 shares in the last quarter. Armstrong Advisory Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $249,000. Oliver Luxxe Assets LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the second quarter. Oliver Luxxe Assets LLC now owns 13,821 shares of the company’s stock worth $1,145,000 after purchasing an additional 340 shares during the last quarter. Farmers Trust Co. grew its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% in the second quarter. Farmers Trust Co. now owns 13,801 shares of the company’s stock worth $1,144,000 after purchasing an additional 597 shares in the last quarter. Finally, Occidental Asset Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 47.0% in the second quarter. Occidental Asset Management LLC now owns 7,042 shares of the company’s stock worth $584,000 after purchasing an additional 2,251 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.80 on Wednesday. The stock’s 50 day moving average price is $82.86 and its two-hundred day moving average price is $82.82. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.87 and a 52-week high of $83.14. The stock has a market capitalization of $23.60 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.2548 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.7%.

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.