Lake Hills Wealth Management LLC Sells 288,627 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Lake Hills Wealth Management LLC lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 55.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 229,112 shares of the company’s stock after selling 288,627 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 9.9% of Lake Hills Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Lake Hills Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $18,975,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Key Financial Inc lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares during the last quarter. Pflug Koory LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $29,000. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $29,000. Finally, Howe & Rusling Inc. increased its position 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 purchasing an additional 361 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.31 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The company has a market cap of $24.06 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.83 and a 200 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, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.223 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.3%.

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.