Capital Investment Counsel LLC Lowers Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Capital Investment Counsel LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,278 shares of the company’s stock after selling 6,866 shares during the period. Capital Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $438,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SHY. Santa Clara Valley Transportation Authority boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 19.7% in the 3rd quarter. Santa Clara Valley Transportation Authority now owns 329,537 shares of the company’s stock worth $27,338,000 after purchasing an additional 54,308 shares in the last quarter. Onyx Bridge Wealth Group LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after purchasing an additional 128 shares during the period. Willis Johnson & Associates Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7.4% during the third quarter. Willis Johnson & Associates Inc. now owns 371,241 shares of the company’s stock valued at $30,798,000 after acquiring an additional 25,496 shares in the last quarter. Cibc World Market Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% in the third quarter. Cibc World Market Inc. now owns 37,505 shares of the company’s stock worth $3,111,000 after buying an additional 1,604 shares in the last quarter. Finally, Caprock Group LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $713,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.93 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.96 and a 52 week high of $83.14. The stock has a market cap of $24.24 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50 day moving average price is $82.84 and its 200-day moving average price is $82.85.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.