Focus Partners Advisor Solutions LLC Decreases Position in iShares 1-3 Year Treasury Bond ETF $SHY

Focus Partners Advisor Solutions LLC lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 57.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,452 shares of the company’s stock after selling 48,667 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,019,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SHY. MCF Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $25,000. Lodestone Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $29,000. Holos Integrated Wealth LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $29,000. Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $33,000. Finally, Accredited Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.94 on Thursday. The business’s 50-day simple moving average is $82.28 and its two-hundred day simple moving average is $82.62. The stock has a market cap of $25.09 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.86 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, June 1st.

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.