Flputnam Investment Management Co. Sells 23,022 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Flputnam Investment Management Co. lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 121,887 shares of the company’s stock after selling 23,022 shares during the period. Flputnam Investment Management Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,095,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SHY. Key Financial Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after buying an additional 196 shares during the period. Holos Integrated Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $29,000. Lodestone Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Valley National Advisers Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $33,000. Finally, Accredited Wealth Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

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

SHY opened at $82.22 on Thursday. The firm has a 50-day simple moving average of $82.36 and a two-hundred day simple moving average of $82.68. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.00 and a 52 week high of $83.20. The company has a market capitalization of $25.18 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2428 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, May 1st.

About iShares 1-3 Year Treasury Bond ETF

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.