Winch Advisory Services LLC Has $3.41 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Winch Advisory Services LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,571 shares of the company’s stock after selling 780 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.9% of Winch Advisory Services LLC’s holdings, making the stock its 24th largest holding. Winch Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,408,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SHY. School Employees Retirement Board of Ohio bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $10,123,000. Eagle Asset Management Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,938 shares during the period. TPG Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $295,000. Alternative Investment Advisors LLC. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $350,000. Finally, Park Avenue Securities LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 30.4% during the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after purchasing an additional 20,384 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.05 on Thursday. The firm’s fifty day moving average is $82.01 and its two-hundred day moving average is $82.32. The firm has a market cap of $22.79 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.