Woodmont Investment Counsel LLC Decreases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Woodmont Investment Counsel LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 95.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,002 shares of the company’s stock after selling 140,515 shares during the period. Woodmont Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $499,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. WestEnd Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $30,000. Financial Connections Group Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $31,000. Rational Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $67,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $68,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.13 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market capitalization of $22.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s 50-day simple moving average is $82.72 and its 200-day simple moving average is $82.10.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.