Aveo Capital Partners LLC Trims Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Aveo Capital Partners LLC reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,773 shares of the company’s stock after selling 4,993 shares during the quarter. Aveo Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $719,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Center For Asset Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after buying an additional 147 shares during the period. Acorn Wealth Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after buying an additional 152 shares during the period. Rehmann Capital Advisory Group grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after buying an additional 152 shares during the period. Finally, D.A. Davidson & CO. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock worth $818,000 after buying an additional 153 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.10 on Friday. The firm’s 50-day moving average price is $82.01 and its 200-day moving average price is $82.36. The company has a market capitalization of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced 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 of this dividend was Monday, February 3rd. This is an increase 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.