Oliver Luxxe Assets LLC Sells 454 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Oliver Luxxe Assets LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,148 shares of the company’s stock after selling 454 shares during the period. Oliver Luxxe Assets LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $668,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $68,000. Creative Financial Designs Inc. ADV raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the period. Eagle Bay Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $76,000. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $78,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.98 on Tuesday. The firm has a market capitalization of $22.64 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company’s 50-day moving average is $82.05 and its 200 day moving average is $82.31.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.