DeDora Capital Inc. Sells 438 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

DeDora Capital Inc. lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,683 shares of the company’s stock after selling 438 shares during the period. DeDora Capital Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $471,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 3.1% during the first quarter. Flagship Harbor Advisors LLC now owns 11,669 shares of the company’s stock valued at $965,000 after purchasing an additional 351 shares during the period. Golden State Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 176.5% in the first quarter. Golden State Wealth Management LLC now owns 1,023 shares of the company’s stock worth $85,000 after acquiring an additional 653 shares during the period. Alamar Capital Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 182.1% in the first quarter. Alamar Capital Management LLC now owns 62,833 shares of the company’s stock worth $5,198,000 after acquiring an additional 40,561 shares during the period. Irenic Capital Management LP increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 400.0% in the first quarter. Irenic Capital Management LP now owns 30,000 shares of the company’s stock worth $2,482,000 after purchasing an additional 24,000 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.9% in the first quarter. IFP Advisors Inc now owns 12,807 shares of the company’s stock worth $1,059,000 after purchasing an additional 716 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $83.08 on Friday. The firm has a fifty day moving average price of $82.87 and a 200-day moving average price of $82.66. The stock has a market cap of $24.34 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.67 and a 1 year high of $83.13.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2563 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.