Joseph P. Lucia & Associates LLC Lowers Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Joseph P. Lucia & Associates LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,629 shares of the company’s stock after selling 374 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $384,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SHY. Kingstone Capital Partners Texas LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock worth $3,728,910,000 after purchasing an additional 45,609,923 shares during the last quarter. Criteria Caixa S.A.U. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $165,720,000. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares 1-3 Year Treasury Bond ETF by 8,173.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,563,762 shares of the company’s stock worth $129,370,000 after buying an additional 1,544,860 shares during the last quarter. Advisors Preferred LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 460.7% in the 1st quarter. Advisors Preferred LLC now owns 1,240,581 shares of the company’s stock worth $102,323,000 after buying an additional 1,019,314 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in iShares 1-3 Year Treasury Bond ETF by 2,745.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 873,709 shares of the company’s stock worth $72,282,000 after buying an additional 843,003 shares during 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 Performance

Shares of NASDAQ:SHY opened at $83.08 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.13. The business has a 50-day simple moving average of $82.87 and a two-hundred day simple moving average of $82.66. The firm has a market cap of $24.34 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given 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 yield of 3.7%.

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.