Weaver Consulting Group Reduces Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Weaver Consulting Group trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,681 shares of the company’s stock after selling 281 shares during the period. Weaver Consulting Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SHY. Savant Capital LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 58.4% during the second quarter. Savant Capital LLC now owns 7,286 shares of the company’s stock valued at $595,000 after purchasing an additional 2,686 shares in the last quarter. Choreo LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 18.7% during the 2nd quarter. Choreo LLC now owns 24,607 shares of the company’s stock valued at $2,001,000 after buying an additional 3,880 shares in the last quarter. Bright Futures Wealth Management LLC. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.8% in the 2nd quarter. Bright Futures Wealth Management LLC. now owns 31,829 shares of the company’s stock worth $2,631,000 after buying an additional 1,460 shares during the period. Beam Wealth Advisors Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 247.9% in the 2nd quarter. Beam Wealth Advisors Inc. now owns 312,930 shares of the company’s stock worth $25,551,000 after buying an additional 222,977 shares in the last quarter. Finally, Vantage Financial Partners LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $551,000. 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 iShares 1-3 Year Treasury Bond ETF stock opened at $81.93 on Wednesday. The company has a market capitalization of $22.63 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50-day simple moving average is $82.04 and its 200-day simple moving average is $82.31. 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 firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.11%.

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.