HCR Wealth Advisors Decreases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

HCR Wealth Advisors trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,727 shares of the company’s stock after selling 4,512 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 0.6% of HCR Wealth Advisors’ holdings, making the stock its 26th biggest holding. HCR Wealth Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,445,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Investment Advisory Group LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 5.3% during the first quarter. Investment Advisory Group LLC now owns 34,147 shares of the company’s stock worth $2,825,000 after buying an additional 1,723 shares during the period. Proficio Capital Partners LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% during the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock worth $8,840,000 after purchasing an additional 36,585 shares during the period. Simplicity Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $719,000. Deutsche Bank AG raised its position in iShares 1-3 Year Treasury Bond ETF by 253.8% in the fourth quarter. Deutsche Bank AG now owns 8,457 shares of the company’s stock valued at $693,000 after purchasing an additional 6,067 shares during the period. Finally, Pinnacle Financial Partners Inc lifted its stake in iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after purchasing an additional 22,721 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY opened at $82.48 on Thursday. The stock has a fifty day simple moving average of $82.53 and a 200-day simple moving average of $82.32. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.29 and a twelve month high of $83.30. The stock has a market capitalization of $24.22 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.2718 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.95%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.