Founders Financial Alliance LLC Has $41,000 Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Founders Financial Alliance LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 93.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 500 shares of the company’s stock after selling 6,916 shares during the period. Founders Financial Alliance LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $41,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Key Financial Inc raised its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after buying an additional 196 shares during the last quarter. Pflug Koory LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 287 shares during the period. Delos Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $29,000. Finally, Howe & Rusling Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after acquiring an additional 361 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.98 on Friday. The firm has a market cap of $24.26 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day moving average price of $82.86 and a 200-day moving average price of $82.87. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.10 and a 1-year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.