Golden State Equity Partners Sells 8,949 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Golden State Equity Partners decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 38.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 14,034 shares of the company’s stock after selling 8,949 shares during the quarter. Golden State Equity Partners’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,151,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SHY. Fortitude Family Office LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $45,000. Impact Partnership Wealth LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 114.4% during the third quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after acquiring an additional 342 shares during the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $55,000. Financial Gravity Asset Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares during the last quarter. Finally, Halpern Financial Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $62,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.21 on Friday. The company has a fifty day moving average price of $81.51 and a 200-day moving average price of $81.56. The company has a market capitalization of $24.57 billion, a P/E ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date was Monday, April 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.