Roberts Wealth Advisors LLC Decreases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Roberts Wealth Advisors LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 32.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,021 shares of the company’s stock after selling 2,900 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SHY. School Employees Retirement Board of Ohio acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $10,123,000. Eagle Asset Management Inc. lifted its holdings in 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 purchasing an additional 1,938 shares in the last quarter. Alternative Investment Advisors LLC. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $350,000. Park Avenue Securities LLC grew its holdings in shares of 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 worth $7,261,000 after buying an additional 20,384 shares in the last quarter. Finally, Bridge Advisory LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 19.2% in the third quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock valued at $914,000 after buying an additional 1,774 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.11 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The company’s 50 day simple moving average is $82.01 and its 200 day simple moving average is $82.34. The company has a market capitalization of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.