Eley Financial Management Inc Decreases Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Eley Financial Management Inc reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree 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

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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