Zhang Financial LLC Cuts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Zhang Financial LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 66.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 10,782 shares of the company’s stock after selling 21,680 shares during the period. Zhang Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $885,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SHY. Stelac Advisory Services LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $195,000. Vontobel Holding Ltd. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 17.1% in the first quarter. Vontobel Holding Ltd. now owns 10,829 shares of the company’s stock valued at $902,000 after buying an additional 1,579 shares during the period. Allianz Asset Management GmbH purchased a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $20,110,000. Brighton Jones LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 37.2% in the first quarter. Brighton Jones LLC now owns 3,387 shares of the company’s stock valued at $282,000 after buying an additional 918 shares during the period. Finally, Covestor Ltd raised its holdings in iShares 1-3 Year Treasury Bond ETF by 105.9% in the first quarter. Covestor Ltd now owns 700 shares of the company’s stock valued at $58,000 after buying an additional 360 shares during the period. Hedge funds and other institutional investors own 23.62% of the company’s stock.

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

Shares of NASDAQ:SHY opened at $81.17 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.60. The company has a 50 day moving average of $81.55 and a two-hundred day moving average of $81.55. The company has a market capitalization of $24.58 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.02.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2705 dividend. This represents a $3.25 annualized dividend and a yield of 4.00%. The ex-dividend date was Monday, April 1st.

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.