iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 51.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,895 shares of the company’s stock after selling 4,171 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $324,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. WestEnd Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $30,000. Financial Connections Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $31,000. Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $68,000. Rational Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $67,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $81.93 on Friday. The stock’s fifty day moving average is $82.65 and its two-hundred day moving average is $82.13. The firm has a market capitalization of $22.13 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.15%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF 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.