United Asset Strategies Inc. Reduces Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

United Asset Strategies Inc. decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,647 shares of the company’s stock after selling 288 shares during the quarter. United Asset Strategies Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $709,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares during the period. LPL Financial LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. Barclays PLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after buying an additional 546,239 shares during the period. Finally, Mizuho Markets Americas LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $44,917,000. 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 SHY stock opened at $82.26 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a market cap of $23.06 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average of $82.02 and a 200 day moving average of $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.09%. The ex-dividend date was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF 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.