Cerity Partners OCIO LLC Sells 1,304,083 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cerity Partners OCIO LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 82.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 276,754 shares of the company’s stock after selling 1,304,083 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.9% of Cerity Partners OCIO LLC’s holdings, making the stock its 13th biggest holding. Cerity Partners OCIO LLC owned 0.10% of iShares 1-3 Year Treasury Bond ETF worth $23,012,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. Eagle Asset Management Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after buying an additional 1,938 shares during the period. LPL Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the last quarter. America First Investment Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% during the 3rd quarter. America First Investment Advisors LLC now owns 415,403 shares of the company’s stock valued at $34,541,000 after purchasing an additional 44,917 shares during the last quarter. King Luther Capital Management Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 5.9% in the 3rd quarter. King Luther Capital Management Corp now owns 4,206 shares of the company’s stock worth $350,000 after purchasing an additional 234 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $99,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.02 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market cap of $22.15 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day moving average price is $82.54 and its 200-day moving average price is $82.16.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%.

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.