MBA Advisors LLC Trims Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

MBA Advisors LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 54,879 shares of the company’s stock after selling 3,338 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 2.3% of MBA Advisors LLC’s investment portfolio, making the stock its 15th largest holding. MBA Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,499,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Golden State Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $37,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $63,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $68,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

NASDAQ SHY opened at $81.97 on Monday. The stock has a market capitalization of $23.10 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a 50-day moving average price of $82.02 and a 200 day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 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.