iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Moors & Cabot Inc.

Moors & Cabot Inc. trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 32.9% during the second quarter, Holdings Channel reports. The firm owned 10,865 shares of the company’s stock after selling 5,329 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $887,000 at the end of the most recent quarter.

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

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

Shares of NASDAQ SHY opened at $83.11 on Thursday. The stock has a market cap of $24.65 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s fifty day simple moving average is $82.53 and its 200-day simple moving average is $81.83. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.62 and a 12-month high of $83.24.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date was Tuesday, September 3rd.

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.