iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 44.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,626 shares of the company’s stock after selling 4,468 shares during the period. IPG Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $461,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after acquiring an additional 8,173,293 shares during the period. Raymond James Financial Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $389,029,000. JPMorgan Chase & Co. grew its position in iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after purchasing an additional 3,731,847 shares in the last quarter. Essential Planning LLC. raised its stake in iShares 1-3 Year Treasury Bond ETF by 4,992.9% during the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock valued at $201,794,000 after purchasing an additional 2,405,880 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% in the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after purchasing an additional 1,975,432 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.67 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market cap of $23.30 billion, a PE ratio of 3,745.00 and a beta of 0.01. The business has a fifty day simple moving average of $82.28 and a 200-day simple moving average of $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.