Envestnet Portfolio Solutions Inc. Sells 3,826 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Envestnet Portfolio Solutions Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 221,499 shares of the company’s stock after selling 3,826 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $18,158,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harbour Investments Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.8% in the 3rd quarter. Harbour Investments Inc. now owns 3,196 shares of the company’s stock worth $266,000 after buying an additional 258 shares during the period. Aptus Capital Advisors LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 96.8% during the third quarter. Aptus Capital Advisors LLC now owns 3,221 shares of the company’s stock worth $268,000 after acquiring an additional 1,584 shares in the last quarter. Empowered Funds LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 111.3% during the third quarter. Empowered Funds LLC now owns 33,277 shares of the company’s stock valued at $2,757,000 after purchasing an additional 17,525 shares in the last quarter. Sugar Maple Asset Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 25.4% during the third quarter. Sugar Maple Asset Management LLC now owns 75,277 shares of the company’s stock valued at $6,259,000 after purchasing an additional 15,235 shares in the last quarter. Finally, Westfuller Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $494,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of SHY opened at $82.42 on Monday. The stock has a market cap of $23.23 billion, a P/E ratio of 3,755.45 and a beta of 0.01. The business’s 50 day moving average price is $82.17 and its 200-day moving average price is $82.32. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.