Eley Financial Management Inc reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 6.6% in the 1st quarter, Holdings Channel reports. The firm owned 91,233 shares of the company’s stock after selling 6,475 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 2.7% of Eley Financial Management Inc’s holdings, making the stock its 9th largest position. Eley Financial Management Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,525,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. MCF Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $25,000. Whittier Trust Co. of Nevada Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $29,000. Valley National Advisers Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $38,000. 23.15% of the stock is currently owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%
SHY stock opened at $81.86 on Tuesday. The firm has a market cap of $25.41 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day moving average price of $82.00 and a 200-day moving average price of $82.41. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.76 and a 1-year high of $83.20.
iShares 1-3 Year Treasury Bond ETF Cuts Dividend
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.
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Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report).
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