IFG Advisory LLC Has $984,000 Stake in iShares 1-3 Year Treasury Bond ETF $SHY

IFG Advisory LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 11,881 shares of the company’s stock after selling 2,691 shares during the period. IFG Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $984,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SHY. Hantz Financial Services Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $39,000. Flaharty Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $40,000. Finally, Garrison Bradford & Associates Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $41,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ:SHY opened at $82.98 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.14. The firm has a market cap of $24.14 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company’s 50 day moving average is $82.94 and its 200-day moving average is $82.69.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders 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 dividend 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.