Empirical Asset Management LLC Decreases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Empirical Asset Management LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,356 shares of the company’s stock after selling 271 shares during the period. Empirical Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $685,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares during the last quarter. Cerity Partners OCIO LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $129,075,000. LPL Financial LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares during the last quarter. Barclays PLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 68.7% in the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after purchasing an additional 546,239 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.08 on Friday. The stock has a 50-day simple moving average of $82.01 and a 200-day simple moving average of $82.32. The company has a market capitalization of $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

About iShares 1-3 Year Treasury Bond ETF

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.