Focus Financial Network Inc. Sells 1,588 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Focus Financial Network Inc. lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,442 shares of the company’s stock after selling 1,588 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,578,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SHY. Golden State Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $30,000. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. AlphaMark Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $63,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $64,000. Finally, Global Trust Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. Institutional investors own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a market capitalization of $23.11 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s fifty day simple moving average is $82.02 and its two-hundred day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.