Transamerica Financial Advisors Inc. Trims Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Transamerica Financial Advisors Inc. trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 99.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 377 shares of the company’s stock after selling 150,458 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $32,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 29.7% in the first quarter. B. Riley Wealth Advisors Inc. now owns 31,764 shares of the company’s stock worth $2,572,000 after purchasing an additional 7,268 shares in the last quarter. Walleye Trading LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $202,000. Atria Investments Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 81.7% in the first quarter. Atria Investments Inc now owns 128,815 shares of the company’s stock worth $10,534,000 after purchasing an additional 57,907 shares in the last quarter. Community Trust & Investment Co. grew its stake in iShares 1-3 Year Treasury Bond ETF by 4.4% in the first quarter. Community Trust & Investment Co. now owns 27,880 shares of the company’s stock worth $2,280,000 after purchasing an additional 1,186 shares in the last quarter. Finally, Dock Street Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 7.9% in the first quarter. Dock Street Asset Management Inc. now owns 110,446 shares of the company’s stock worth $9,032,000 after purchasing an additional 8,078 shares in the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:SHY opened at $82.22 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $22.21 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s 50 day moving average is $82.45 and its 200 day moving average is $82.19.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.40 annualized dividend and a yield of 4.13%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.