Biltmore Wealth Management LLC Cuts Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Biltmore Wealth Management LLC lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,379 shares of the company’s stock after selling 1,820 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 0.4% of Biltmore Wealth Management LLC’s portfolio, making the stock its 26th biggest position. Biltmore Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $946,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Patriot Financial Group Insurance Agency LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after acquiring an additional 131 shares during the period. Patton Fund Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% during the second quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after acquiring an additional 140 shares during the period. SWP Financial LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.4% during the first quarter. SWP Financial LLC now owns 4,264 shares of the company’s stock valued at $349,000 after purchasing an additional 142 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in shares of 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 worth $159,000 after purchasing an additional 145 shares during the last quarter. Finally, Secure Asset Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% in 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 in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.3 %

SHY stock traded down $0.28 during midday trading on Friday, reaching $82.52. The stock had a trading volume of 4,012,980 shares, compared to its average volume of 4,104,001. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.67 and a twelve month high of $83.30. The firm has a market cap of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a fifty day simple moving average of $82.80 and a two-hundred day simple moving average of $81.95.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2883 per share. The ex-dividend date 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.