Henrickson Nauta Wealth Advisors Inc. Cuts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Henrickson Nauta Wealth Advisors Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,315 shares of the company’s stock after selling 325 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 0.6% of Henrickson Nauta Wealth Advisors Inc.’s investment portfolio, making the stock its 18th biggest holding. Henrickson Nauta Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in SHY. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $26,000. Coppell Advisory Solutions Corp. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $30,000. Global Wealth Management Investment Advisory Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $35,000. American National Bank grew its stake in iShares 1-3 Year Treasury Bond ETF by 53.4% during the 1st quarter. American National Bank now owns 428 shares of the company’s stock valued at $35,000 after purchasing an additional 149 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $40,000. 18.38% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock remained flat at $80.89 during mid-day trading on Tuesday. 476,395 shares of the stock were exchanged, compared to its average volume of 5,272,552. The company has a fifty day moving average price of $81.02 and a 200 day moving average price of $81.51. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.48 and a twelve month high of $82.74.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were issued a $0.2058 dividend. This represents a $2.47 annualized dividend and a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, September 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.