Foundations Investment Advisors LLC Reduces Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Foundations Investment Advisors LLC lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,789 shares of the company’s stock after selling 12,926 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,074,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Key Financial Inc grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the period. Holos Integrated Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Valley National Advisers Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Accredited Wealth Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 50.0% in the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after buying an additional 150 shares during the last quarter. 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 $82.26 on Friday. The firm’s 50-day moving average is $82.35 and its two-hundred day moving average is $82.68. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.00 and a 12 month high of $83.20. The stock has a market capitalization of $25.19 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.2428 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.