Flagship Private Wealth LLC Decreases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Flagship Private Wealth LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 34,878 shares of the company’s stock after selling 20,211 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 1.4% of Flagship Private Wealth LLC’s portfolio, making the stock its 18th biggest holding. Flagship Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,859,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares in the last quarter. Bank of Montreal Can boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after purchasing an additional 41,969 shares during the last quarter. Barclays PLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after buying an additional 1,123,670 shares in the last quarter. Finally, Stephens Inc. AR raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after buying an additional 8,531 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

SHY opened at $82.14 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $23.02 billion, a PE ratio of 3,695.45 and a beta of 0.01. The firm’s 50-day moving average price is $82.02 and its 200 day moving average price is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%.

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.