Narus Financial Partners LLC Sells 6,620 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Narus Financial Partners LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 73.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,450 shares of the company’s stock after selling 6,620 shares during the period. Narus Financial Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $200,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Criterion Capital Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. Future Financial Wealth Managment LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $36,000. Mather Group LLC. bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $39,000. Atticus Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 76.0% in the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after buying an additional 237 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $45,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ:SHY opened at $81.38 on Wednesday. The company has a market capitalization of $24.45 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.39. The firm has a 50 day moving average of $81.40 and a 200 day moving average of $81.62.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a $0.2704 dividend. This represents a $3.24 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend is Monday, July 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.