Crewe Advisors LLC Sells 1,270 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Crewe Advisors LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 34.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,448 shares of the company’s stock after selling 1,270 shares during the period. Crewe Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $201,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after buying an additional 3,563,486 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after buying an additional 1,193,337 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 valued at $229,417,000 after buying an additional 1,123,670 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after buying an additional 546,239 shares during the last quarter. Finally, Mizuho Markets Americas LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $44,917,000. 23.15% of the stock is owned by institutional investors.

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

NASDAQ:SHY opened at $82.09 on Thursday. The company’s 50 day moving average price is $82.04 and its 200-day moving average price is $82.36. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The stock has a market cap of $23.16 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a $0.2735 dividend. The ex-dividend date is Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.