Interactive Financial Advisors Inc. Reduces Stake in iShares 1-3 Year Treasury Bond ETF by Over a Fifth

Interactive Financial Advisors Inc., a financial advisory firm, has trimmed its investment in the iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY), marking a notable shift in its portfolio. According to the latest documents submitted to the Securities and Exchange Commission (SEC), the firm decreased its holdings in the ETF by 22.0% during the third quarter. Following the sale of 1,310 shares, Interactive Financial Advisors Inc. now holds 4,644 shares.

Portfolio Changes Among Institutional Investors

Interactive Financial Advisors Inc. isn't the only institutional investor altering its stake in SHY. Several other firms have made adjustments to their positions. For instance, after a purchase in the second quarter, Center for Financial Planning Inc. now owns new shares valued at approximately $26,000. Aspire Private Capital LLC bolstered its hold on the ETF, enhancing its share count by 1,547.6%, equating to a present total of 346 shares valued at $28,000. Fresh stakes have also been taken by Coppell Advisory Solutions Corp. and Global Wealth Management Investment Advisory Inc., with their respective investments amounting to around $30,000 and $35,000. Additionally, Salem Investment Counselors Inc. took the initiative to increase its share ownership by 75.9% in the second quarter, now holding 445 shares worth $36,000.

Performance and Dividends of iShares 1-3 Year Treasury Bond ETF

The share price of iShares 1-3 Year Treasury Bond ETF has demonstrated stability in the market, commencing trading at $81.89 on a recent Friday. The ETF has fluctuated within a range of $80.48 to $82.74 over the past year, maintaining a 50-day moving average of $81.53 and a 200-day moving average of $81.17. The ETF also declared a monthly dividend, with a payment of $0.2597 per share distributed to shareholders on record as of December 15, the ex-dividend date being December 14. This dividend translates to an annual payout of $3.12 and yields 3.81%.

Overview of iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF represents an investment route that tracks the performance of U.S. Treasury bonds with maturities ranging from one to three years, excluding Treasury STRIPS. With its inception on July 22, 2002, the ETF is managed by BlackRock and offers investors exposure to mid-term U.S. government debt, providing a balance between yield and duration risk.

Investment, iShares, ETF, Securities, Dividend, Treasury