Stratos Wealth Advisors LLC Sells 22,507 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Stratos Wealth Advisors LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 49.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,377 shares of the company’s stock after selling 22,507 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 16.7% in the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock worth $3,740,000 after purchasing an additional 6,436 shares during the last quarter. First Horizon Corp purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $2,116,000. Cadence Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $5,524,000. Childress Capital Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $896,000. Finally, JARISLOWSKY FRASER Ltd boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 66.9% in the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock worth $3,445,000 after purchasing an additional 16,647 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.36 on Friday. The stock’s fifty day moving average price is $82.74 and its 200 day moving average price is $82.84. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20. The company has a market cap of $24.69 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be issued a $0.2469 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, April 1st.

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.