1620 Investment Advisors Inc. Reduces Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

1620 Investment Advisors Inc. reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,720 shares of the company’s stock after selling 200 shares during the quarter. 1620 Investment Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $476,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SHY. Allspring Global Investments Holdings LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 55.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 392,240 shares of the company’s stock worth $32,077,000 after purchasing an additional 140,372 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 45,092 shares of the company’s stock valued at $3,688,000 after buying an additional 998 shares during the period. SpiderRock Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $312,000. Private Advisor Group LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 75.9% during the first quarter. Private Advisor Group LLC now owns 667,542 shares of the company’s stock worth $54,592,000 after acquiring an additional 287,980 shares during the period. Finally, Diversify Advisory Services LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $1,287,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.34 on Thursday. The stock has a 50 day moving average price of $82.79 and a 200 day moving average price of $82.07. The firm has a market capitalization of $22.45 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.80 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.2883 dividend. The ex-dividend date was Tuesday, September 3rd.

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.