Catalyst Financial Partners LLC Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Catalyst Financial Partners LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,511 shares of the company’s stock after selling 924 shares during the period. Catalyst Financial Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $370,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Barrett & Company Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock valued at $769,000 after purchasing an additional 125 shares during the period. Advanced Asset Management Advisors Inc raised its position in iShares 1-3 Year Treasury Bond ETF by 1.5% during the 4th quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock worth $708,000 after buying an additional 128 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock worth $414,000 after acquiring an additional 133 shares during the period. Straight Path Wealth Management boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.8% in the fourth quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock valued at $270,000 after acquiring an additional 150 shares in the last quarter. Finally, Seelaus Asset Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Seelaus Asset Management LLC now owns 6,757 shares of the company’s stock worth $554,000 after acquiring an additional 150 shares during the period. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

NASDAQ SHY traded down $0.02 during trading hours on Wednesday, hitting $81.28. 2,308,763 shares of the stock were exchanged, compared to its average volume of 4,506,275. The company has a market cap of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.43. The stock has a 50-day moving average of $81.45 and a 200 day moving average of $81.59.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.2616 per share. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date was Wednesday, May 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.