Bison Wealth LLC Reduces Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bison Wealth LLC trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,939 shares of the company’s stock after selling 6,045 shares during the quarter. Bison Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,208,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hobbs Group Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock valued at $813,000 after acquiring an additional 136 shares during the last quarter. Spreng Capital Management Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock worth $852,000 after purchasing an additional 140 shares during the last quarter. Blueprint Investment Partners LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 2.2% in the 4th quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after buying an additional 142 shares during the period. Center For Asset Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after buying an additional 147 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $83.01 on Wednesday. The company’s 50 day simple moving average is $82.56 and its 200-day simple moving average is $82.26. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The company has a market capitalization of $24.33 billion, a price-to-earnings ratio of 3,762.27 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.2798 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date was Tuesday, April 1st.

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.