Westwind Capital Lowers Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Westwind Capital reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 88.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,355 shares of the company’s stock after selling 49,376 shares during the quarter. Westwind Capital’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $528,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHY. LPL Financial LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% in the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after acquiring an additional 422,978 shares during the period. Captrust Financial Advisors raised its position in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares during the period. Raymond James & Associates lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after purchasing an additional 250,959 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after buying an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $129,075,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.47 on Friday. The business’s 50-day simple moving average is $82.81 and its 200 day simple moving average is $81.96. The company has a market cap of $22.89 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.67 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 3rd.

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.