Park Place Capital Corp Sells 598 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Park Place Capital Corp lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% during the 4th quarter, HoldingsChannel reports. The fund owned 10,572 shares of the company’s stock after selling 598 shares during the quarter. Park Place Capital Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of SHY. Magnus Financial Group LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 613.5% in the 4th quarter. Magnus Financial Group LLC now owns 36,679 shares of the company’s stock worth $3,007,000 after buying an additional 31,538 shares during the last quarter. LifeGuide Financial Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 14.8% in the 4th quarter. LifeGuide Financial Advisors LLC now owns 28,499 shares of the company’s stock worth $2,336,000 after acquiring an additional 3,679 shares in the last quarter. Investment Advisory Group LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 35.1% in the 4th quarter. Investment Advisory Group LLC now owns 32,424 shares of the company’s stock worth $2,658,000 after purchasing an additional 8,428 shares during the period. Finley Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $357,000. Finally, Missouri Trust & Investment Co purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $101,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHY opened at $82.11 on Wednesday. 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 capitalization of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm has a 50 day moving average of $82.01 and a 200 day moving average of $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. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a 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.