Harbor Investment Advisory LLC Sells 13,176 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Harbor Investment Advisory LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 38,603 shares of the company’s stock after selling 13,176 shares during the period. Harbor Investment Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,187,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SHY. Captrust Financial Advisors grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after purchasing an additional 940,434 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after purchasing an additional 133,178 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after buying an additional 467,629 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock valued at $431,819,000 after buying an additional 45,271 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.11 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.86 and a one year high of $83.20. The company’s fifty day moving average price is $82.17 and its 200-day moving average price is $82.54. The company has a market capitalization of $25.14 billion, a PE 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. Shareholders of record on Monday, June 1st were issued a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

iShares 1-3 Year Treasury Bond ETF Company 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.