B. Riley Wealth Advisors Inc. Trims Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

B. Riley Wealth Advisors Inc. lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 19.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,598 shares of the company’s stock after selling 6,166 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,090,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Patriot Financial Group Insurance Agency LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 5.0% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after purchasing an additional 131 shares during the period. Patton Fund Management Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% during the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock worth $634,000 after acquiring an additional 140 shares in the last quarter. SWP Financial LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.4% during the 1st quarter. SWP Financial LLC now owns 4,264 shares of the company’s stock valued at $349,000 after acquiring an additional 142 shares during the period. EP Wealth Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 8.1% in the 4th quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock valued at $159,000 after acquiring an additional 145 shares in the last quarter. Finally, Secure Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% during the second quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock worth $615,000 after purchasing an additional 148 shares during the period. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.93 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.62 and a one year high of $83.30. The firm has a 50 day simple moving average of $82.75 and a 200-day simple moving average of $81.93. The firm has a market cap of $24.60 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 1-3 Year Treasury Bond ETF 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.