A. D. Beadell Investment Counsel Inc. Sells 1,006 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

A. D. Beadell Investment Counsel Inc. cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,399 shares of the company’s stock after selling 1,006 shares during the quarter. A. D. Beadell Investment Counsel Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $442,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Savant Capital LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.4% in the 2nd quarter. Savant Capital LLC now owns 7,286 shares of the company’s stock worth $595,000 after acquiring an additional 2,686 shares during the last quarter. BOKF NA lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.3% in the second quarter. BOKF NA now owns 4,882 shares of the company’s stock valued at $399,000 after purchasing an additional 154 shares in the last quarter. Idaho Trust Bank purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $1,003,000. Horizon Family Wealth Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 187.0% during the second quarter. Horizon Family Wealth Inc. now owns 7,112 shares of the company’s stock worth $581,000 after buying an additional 4,634 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 5.2% in the 2nd quarter. Parallel Advisors LLC now owns 49,901 shares of the company’s stock valued at $4,074,000 after buying an additional 2,479 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY traded down $0.10 during trading on Friday, hitting $81.88. The stock had a trading volume of 1,010,694 shares, compared to its average volume of 2,794,878. The firm has a fifty day moving average of $82.02 and a two-hundred day moving average of $82.30. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a market capitalization of $22.73 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date was Wednesday, December 18th.

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.