ORG Wealth Partners LLC Lowers Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ORG Wealth Partners LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 35.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,044 shares of the company’s stock after selling 561 shares during the period. ORG Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $86,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after buying an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $10,123,000. Eagle Asset Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares during the last quarter. TPG Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $295,000. Finally, Alternative Investment Advisors LLC. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $350,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $81.83 on Friday. The company has a market capitalization of $22.72 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 one year low of $80.91 and a one year high of $83.30. The company’s 50-day moving average is $82.02 and its 200 day moving average is $82.31.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company 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.