Dorsey & Whitney Trust CO LLC Sells 1,334 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Joseph Griffin on Sep 11th, 2024

Dorsey & Whitney Trust CO LLC cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 5.6% during the 2nd quarter, Holdings Channel reports. The firm owned 22,432 shares of the company’s stock after selling 1,334 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of SHY. WestEnd Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $30,000. Financial Connections Group Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $31,000. Criterion Capital Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $35,000. Future Financial Wealth Managment LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $36,000. Finally, Mather Group LLC. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $39,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $83.09 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $83.09. The firm has a market cap of $24.64 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm’s 50-day simple moving average is $82.35 and its 200 day simple moving average is $81.77.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors 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 Company Profile

(Free Report)

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.