Alliance Wealth Advisors LLC UT Has $4.09 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Alliance Wealth Advisors LLC UT reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 70.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 49,858 shares of the company’s stock after selling 119,271 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.4% of Alliance Wealth Advisors LLC UT’s portfolio, making the stock its 15th biggest position. Alliance Wealth Advisors LLC UT’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,090,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SHY. Fortitude Family Office LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Cedar Mountain Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $55,000. Financial Gravity Asset Management Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares in the last quarter. Halpern Financial Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $62,000. Finally, Salem Investment Counselors Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 79.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $63,000 after acquiring an additional 339 shares in the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

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

Shares of SHY stock traded up $0.02 during trading on Friday, hitting $81.21. The company’s stock had a trading volume of 3,071,548 shares, compared to its average volume of 4,538,988. The company has a market cap of $24.57 billion, a PE ratio of 3,690.68 and a beta of 0.01. The business has a fifty day moving average of $81.51 and a 200-day moving average of $81.56. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.2705 dividend. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.