Alliance Wealth Advisors LLC UT Sells 119,271 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Alliance Wealth Advisors LLC UT decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 70.5% in the fourth quarter, HoldingsChannel reports. The fund owned 49,858 shares of the company’s stock after selling 119,271 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.4% of Alliance Wealth Advisors LLC UT’s portfolio, making the stock its 15th largest holding. Alliance Wealth Advisors LLC UT’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Addison Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 82.4% during the 4th quarter. Addison Advisors LLC now owns 4,780 shares of the company’s stock valued at $392,000 after acquiring an additional 2,160 shares during the period. Headlands Technologies LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $2,705,000. Citizens Financial Group Inc. RI boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.7% in the 4th quarter. Citizens Financial Group Inc. RI now owns 42,302 shares of the company’s stock worth $3,470,000 after buying an additional 1,499 shares during the period. KFA Private Wealth Group LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 13.4% in the 4th quarter. KFA Private Wealth Group LLC now owns 231,246 shares of the company’s stock worth $18,971,000 after buying an additional 27,262 shares during the period. Finally, K.J. Harrison & Partners Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.5% in the 4th quarter. K.J. Harrison & Partners Inc now owns 23,200 shares of the company’s stock worth $1,903,000 after buying an additional 1,200 shares during the period. Institutional investors own 23.62% of the company’s stock.

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

SHY stock traded up $0.02 during mid-day trading on Friday, hitting $81.21. The company had a trading volume of 3,071,548 shares, compared to its average volume of 4,538,988. The company has a 50-day moving average price of $81.51 and a 200 day moving average price of $81.56. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.60. The company has a market capitalization of $24.57 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2705 per share. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend was Monday, April 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.