Prospera Financial Services Inc Sells 7,966 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Prospera Financial Services Inc lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.2% in the 4th quarter, Holdings Channel reports. The firm owned 24,886 shares of the company’s stock after selling 7,966 shares during the period. Prospera Financial Services Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,061,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. NewEdge Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after buying an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $70,000. NCM Capital Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% in the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after buying an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after buying an additional 919 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%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.22 on Thursday. The company’s 50-day moving average price is $82.36 and its 200-day moving average price is $82.68. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.00 and a twelve month high of $83.20. The company has a market cap of $25.18 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.2428 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.