Pinnacle Wealth Management Advisory Group LLC Sells 6,300 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pinnacle Wealth Management Advisory Group LLC cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 57.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,760 shares of the company’s stock after selling 6,300 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $410,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 32.4% during the 2nd quarter. DAVENPORT & Co LLC now owns 150,859 shares of the company’s stock valued at $12,998,000 after acquiring an additional 36,937 shares during the period. Beacon Investment Advisory Services Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 49.9% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 12,910 shares of the company’s stock worth $1,112,000 after buying an additional 4,300 shares in the last quarter. Washburn Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $1,064,000. Robinson Value Management Ltd. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 15.5% during the 2nd quarter. Robinson Value Management Ltd. now owns 12,527 shares of the company’s stock worth $1,079,000 after buying an additional 1,683 shares in the last quarter. Finally, Twele Capital Management Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.2% during the 2nd quarter. Twele Capital Management Inc. now owns 145,050 shares of the company’s stock worth $12,498,000 after buying an additional 4,435 shares in the last quarter.

Shares of SHY opened at $86.24 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $86.06 and a 12-month high of $86.51. The business has a 50-day simple moving average of $86.22 and a two-hundred day simple moving average of $86.24.

The business also recently declared a monthly dividend, which was paid on Wednesday, September 8th. Stockholders of record on Thursday, September 2nd were paid a $0.013 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date was Wednesday, September 1st. This represents a $0.16 annualized dividend and a dividend yield of 0.18%.

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

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