Financial Management Professionals Inc. Sells 172 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Financial Management Professionals Inc. decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,340 shares of the company’s stock after selling 172 shares during the period. Financial Management Professionals Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,109,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. WestEnd Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $30,000. Financial Connections Group Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $31,000. Atticus Wealth Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 76.0% during the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after acquiring an additional 237 shares during the period. Rational Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $67,000. Finally, Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $68,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.42 on Friday. The stock has a market capitalization of $22.56 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s fifty day moving average is $82.80 and its 200-day moving average is $82.04. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.80 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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