Pacific Financial Group Inc. Sells 1,445 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pacific Financial Group Inc. decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,531 shares of the company’s stock after selling 1,445 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.6% of Pacific Financial Group Inc.’s holdings, making the stock its 16th largest position. Pacific Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,123,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Patriot Financial Group Insurance Agency LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after purchasing an additional 131 shares during the period. Patton Fund Management Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% during the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after purchasing an additional 140 shares during the period. SPC Financial Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after purchasing an additional 140 shares in the last quarter. Secure Asset Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% in the 2nd quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock worth $615,000 after purchasing an additional 148 shares during the period. Finally, Aveo Capital Partners LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.0% during the 2nd quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock valued at $1,229,000 after buying an additional 148 shares in the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Monday. The firm’s 50 day moving average price is $82.51 and its 200-day moving average price is $82.18. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared 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 was Friday, November 1st. This represents a $3.40 annualized dividend 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 Company 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.