Fortis Group Advisors LLC Decreases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Fortis Group Advisors LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 95.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,247 shares of the company’s stock after selling 64,745 shares during the period. Fortis Group Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $269,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Live Oak Private Wealth LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% in the 2nd quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock worth $548,000 after acquiring an additional 123 shares during the last quarter. Aspire Growth Partners LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% during the third quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after purchasing an additional 127 shares during the period. Onyx Bridge Wealth Group LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the third quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after purchasing an additional 128 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock valued at $1,445,000 after purchasing an additional 131 shares during the period. Finally, ESL Trust Services LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 6.5% during the 3rd quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock valued at $182,000 after purchasing an additional 133 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.98 on Thursday. The stock has a market cap of $24.26 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.04 and a fifty-two week high of $83.14. The stock has a 50 day simple moving average of $82.86 and a two-hundred day simple moving average of $82.87.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.