Procyon Advisors LLC Sells 556 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Procyon Advisors LLC trimmed its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,750 shares of the company’s stock after selling 556 shares during the quarter. Procyon Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,128,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Coppell Advisory Solutions Corp. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $30,000. Global Wealth Management Investment Advisory Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $35,000. Fortitude Family Office LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $45,000. Stonebridge Capital Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the 4th quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after acquiring an additional 554 shares in the last quarter. Finally, Indiana Trust & Investment Management CO bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $49,000. 18.38% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY traded down $0.04 during midday trading on Thursday, hitting $81.79. 415,343 shares of the stock were exchanged, compared to its average volume of 4,637,853. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.61. The business’s 50-day moving average price is $81.80 and its 200 day moving average price is $81.49.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were given a dividend of $0.2405 per share. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date was Friday, March 1st.

About iShares 1-3 Year Treasury Bond ETF

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.