Benchmark Financial Wealth Advisors LLC reported in its most recent 13F filing with the Securities and Exchange Commission that it reduced its holdings of the iShares 1-3 Year Treasury Bond ETF (NASDAQ: SHY) during the third quarter. The institutional investor now has 4,217 shares in the company following the sale of 192,016 shares during the most recent quarter. The most recent report that Benchmark Financial Wealth Advisors LLC submitted to the SEC revealed that the total value of the organization’s holdings in the iShares 1-3 Year Treasury Bond ETF amounted to 342,000 dollars.
Several other hedge funds have recently implemented various changes to the proportion of the company’s shares that they own. For example, the value of American National Bank’s holdings in the iShares 1-3 Year Treasury Bond ETF rose to a total of $1,162,500 during the third quarter, reflecting an increase of 1,162.5% from the previous quarter. American National Bank now has 303 shares following the purchase of an additional 279 in the most recent quarter. Each company share is currently worth $2,500, and American National Bank has 303 shares. During the third quarter, approximately $28,000 more was invested by Lowe Wealth Advisors LLC in the iShares 1-3 Year Treasury Bond ETF than was invested in the same fund during the second quarter. This represents an increase from the previous quarter’s level of investment in the fund. During the second quarter, Prosperity Planning Inc. increased its holdings in the iShares 1-3 Year Treasury Bond ETF by more than $30,000. During the second quarter of this year, Apeiron RIA LLC saw a 90.9% increase in the value of its holdings in the iShares 1-3 Year Treasury Bond ETF. Apeiron RIA LLC now has 37,133 shares of the company’s stock, valued at $31,000, after acquiring an additional 17,681 shares during the preceding three months. And finally, during the first quarter of this year, Global Wealth Management Investment Advisory Inc. opened a new position in the exchange-traded fund known as the iShares 1-3 Year Treasury Bond ETF, which had a value of approximately $35,000 at the time.
SHY began trading on Friday at $81.73. Over the past 50 days, the stock’s price has averaged $81.26; over the past 200 days, it has been trading at $81.73. The simple moving average of these two time periods is $81.26. During the past year, the iShares 1-3 Year Treasury Bond ETF has fluctuated between $80.56 and $85.29. The price reached a low of $80.56 and a high of $85.29.
The company recently announced a monthly dividend, which was paid out on December 21st. In addition, the company just recently announced the dividend. On Friday, December 16th, shareholders of record were each awarded a dividend payment equal to $0.181 per share. This payment was made. The ex-dividend day occurred on December 15th, a Thursday a few days ago. The iShares 1-3 Year Treasury Bond ETF had been paying out a monthly dividend of $0.17 in the past, representing an increase over that previous amount. The result is that there will be a dividend yield of 2.66% and a dividend payment of $2.17 every year.