Optimum Investment Advisors Sells 186 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Optimum Investment Advisors reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,999 shares of the company’s stock after selling 186 shares during the quarter. Optimum Investment Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $246,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $30,000. Van ECK Associates Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the period. Millstone Evans Group LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $32,000. Roxbury Financial LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $36,000. Finally, Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $37,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ SHY opened at $82.58 on Friday. The business has a 50-day moving average of $82.23 and a 200-day moving average of $82.32. The firm has a market capitalization of $23.27 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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