iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Gries Financial LLC

Gries Financial LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,436 shares of the company’s stock after selling 157 shares during the period. Gries Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $692,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Logan Capital Management Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $37,000. AlphaMark Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $63,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. Creative Financial Designs Inc. ADV raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $76,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.23 on Thursday. The company’s 50 day moving average price is $82.03 and its 200 day moving average price is $82.35. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The company has a market capitalization of $23.16 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis 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.