Archford Capital Strategies LLC Sells 1,339 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Archford Capital Strategies LLC trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 29,593 shares of the company’s stock after selling 1,339 shares during the quarter. Archford Capital Strategies LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,452,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Godsey & Gibb Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth $26,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during 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 in the last quarter. WestEnd Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $35,000. CENTRAL TRUST Co lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after purchasing an additional 374 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $39,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.89 on Monday. The company has a market cap of $23.44 billion, a P/E 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 $83.28. The stock’s fifty day moving average price is $82.77 and its 200-day moving average price is $82.62.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.2584 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.