iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Cut by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,448 shares of the company’s stock after selling 1,331 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,594,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Eagle Asset Management Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after purchasing an additional 1,938 shares during the period. Pinnacle Financial Partners Inc boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after buying an additional 22,721 shares during the period. Zhang Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after buying an additional 1,859 shares during the period. Purus Wealth Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after buying an additional 530 shares during the period. Finally, Zacks Investment Management grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.8% in the 3rd quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock worth $29,862,000 after buying an additional 9,784 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.30 on Tuesday. The stock’s 50 day moving average price is $82.01 and its 200 day moving average price is $82.34. The stock has a market cap of $23.19 billion, a P/E ratio of 3,695.45 and a beta of 0.01. 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 Increases Dividend

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

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.