Sugarloaf Wealth Management LLC Has $267,000 Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sugarloaf Wealth Management LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,253 shares of the company’s stock after selling 334 shares during the period. Sugarloaf Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $267,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SHY. Oppenheimer Asset Management Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 13.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after acquiring an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $10,123,000. Eagle Asset Management Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,938 shares during the last quarter. TPG Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $295,000. Finally, Alternative Investment Advisors LLC. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $350,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.2 %

Shares of NASDAQ SHY traded down $0.14 during midday trading on Friday, hitting $81.84. The company’s stock had a trading volume of 2,412,315 shares, compared to its average volume of 3,020,025. The firm has a market cap of $22.72 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s 50 day moving average is $82.02 and its two-hundred day moving average is $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.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.