Proficio Capital Partners LLC Decreases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Proficio Capital Partners LLC decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,588 shares of the company’s stock after selling 21,481 shares during the quarter. Proficio Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,681,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Criterion Capital Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $35,000. Future Financial Wealth Managment LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $36,000. Mather Group LLC. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $39,000. Atticus Wealth Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 76.0% in the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock valued at $45,000 after purchasing an additional 237 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY traded down $0.02 during trading on Tuesday, hitting $81.62. 7,299,036 shares of the company were exchanged, compared to its average volume of 3,978,671. The company has a fifty day moving average price of $81.44 and a 200-day moving average price of $81.61. The firm has a market capitalization of $24.01 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.62 and a 12-month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.2704 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.24 annualized dividend and a yield of 3.98%.

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.