Partners Capital Investment Group LLP Sells 12,884 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Partners Capital Investment Group LLP lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,729 shares of the company’s stock after selling 12,884 shares during the period. Partners Capital Investment Group LLP’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,610,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Maridea Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $290,000. Traveka Wealth LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $343,000. A. D. Beadell Investment Counsel Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.8% in the 2nd quarter. A. D. Beadell Investment Counsel Inc. now owns 6,069 shares of the company’s stock worth $502,000 after buying an additional 543 shares during the last quarter. Blue Oak Capital LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $319,000. Finally, EdgeRock Capital LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $299,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY traded up $0.03 during trading on Friday, reaching $82.84. The stock had a trading volume of 2,506,710 shares, compared to its average volume of 4,381,396. The stock has a market cap of $23.74 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.87 and a one year high of $83.14. The business has a 50-day moving average of $82.86 and a 200-day moving average of $82.82.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.2548 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend 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.