Efficient Advisors LLC Reduces Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Efficient Advisors LLC decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,994 shares of the company’s stock after selling 17,015 shares during the period. Efficient Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,715,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SHY. NewEdge Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the period. Squarepoint Ops LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $70,000. NCM Capital Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after purchasing an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of SHY stock opened at $81.84 on Thursday. The business’s fifty day moving average is $82.09 and its 200 day moving average is $82.50. The stock has a market cap of $25.30 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.81 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

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.