iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 13,642 shares of the company’s stock after selling 418 shares during the quarter. Silverleafe Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,116,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SHY. Cornell University purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $35,212,000. The Manufacturers Life Insurance Company raised its holdings in iShares 1-3 Year Treasury Bond ETF by 3,931.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after buying an additional 1,849,118 shares during the period. International Assets Investment Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $119,012,000. Cerity Partners LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 43.6% in the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after buying an additional 744,074 shares during the period. Finally, Pathstone Holdings LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $59,218,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.65 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39. The company’s 50 day moving average price is $81.40 and its 200 day moving average price is $81.63. The firm has a market capitalization of $24.53 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.2621 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis and a dividend yield of 3.85%.

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.