Integrated Advisors Network LLC Sells 19,411 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Integrated Advisors Network LLC trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,255 shares of the company’s stock after selling 19,411 shares during the period. Integrated Advisors Network LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,232,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. NewEdge Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the period. Squarepoint Ops LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 103.3% during the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares during the period. Darwin Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $70,000. NCM Capital Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after purchasing an additional 919 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY traded down $0.04 during midday trading on Tuesday, reaching $81.94. The stock had a trading volume of 594,673 shares, compared to its average volume of 4,399,809. The company’s 50 day moving average price is $82.13 and its 200 day moving average price is $82.52. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.83 and a twelve month high of $83.20. The firm has a market cap of $25.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.