AGH Wealth Advisors LLC Trims Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

AGH Wealth Advisors LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 82.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,655 shares of the company’s stock after selling 17,134 shares during the period. AGH Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $302,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. 1492 Capital Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.5% in the first quarter. 1492 Capital Management LLC now owns 3,063 shares of the company’s stock valued at $253,000 after acquiring an additional 543 shares during the last quarter. Semitam Bonam LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.6% during the 1st quarter. Semitam Bonam LLC now owns 64,431 shares of the company’s stock worth $5,320,000 after purchasing an additional 5,639 shares during the period. Trilogy Capital Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 315.5% during the 1st quarter. Trilogy Capital Inc. now owns 11,011 shares of the company’s stock worth $909,000 after purchasing an additional 8,361 shares during the last quarter. Realta Investment Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 1st quarter. Realta Investment Advisors now owns 24,710 shares of the company’s stock worth $2,040,000 after purchasing an additional 599 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 20.7% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 35,814 shares of the company’s stock valued at $2,958,000 after buying an additional 6,146 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.19 on Friday. The firm’s 50-day moving average is $82.19 and its two-hundred day moving average is $82.55. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.86 and a 12 month high of $83.20. The stock has a market capitalization of $25.17 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2429 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.