Sanctuary Wealth Management L.L.C. Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sanctuary Wealth Management L.L.C. lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 99.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 441 shares of the company’s stock after selling 231,745 shares during the quarter. Sanctuary Wealth Management L.L.C.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $36,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in iShares 1-3 Year Treasury Bond ETF by 47.8% during the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after purchasing an additional 3,731,847 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $389,029,000. Assetmark Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 94.0% in the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after acquiring an additional 1,975,432 shares during the last quarter. Finally, Barclays PLC grew its position in iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.67 on Friday. The company has a market cap of $23.30 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. The stock’s 50-day moving average is $82.28 and its 200-day moving average is $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.