iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,594 shares of the company’s stock after selling 8,476 shares during the quarter. Ritholtz Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,278,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. KFA Private Wealth Group LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 5.7% in the 1st quarter. KFA Private Wealth Group LLC now owns 97,461 shares of the company’s stock worth $8,047,000 after purchasing an additional 5,265 shares during the period. Factor Wealth Management LTD increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% in the first quarter. Factor Wealth Management LTD now owns 10,931 shares of the company’s stock valued at $903,000 after buying an additional 408 shares in the last quarter. MinichMacGregor Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 10.3% in the first quarter. MinichMacGregor Wealth Management LLC now owns 61,167 shares of the company’s stock valued at $5,051,000 after buying an additional 5,709 shares in the last quarter. RFG Advisory LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.8% during the 1st quarter. RFG Advisory LLC now owns 34,957 shares of the company’s stock worth $2,886,000 after buying an additional 1,284 shares during the period. Finally, Apella Capital LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the 1st quarter. Apella Capital LLC now owns 41,955 shares of the company’s stock worth $3,467,000 after buying an additional 2,291 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.19 on Friday. The business’s 50 day moving average price is $82.19 and its 200-day moving average price is $82.55. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.86 and a 1 year high of $83.20. The firm has a market capitalization of $25.17 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a 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.