Bank of Montreal Can Sells 57,821 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bank of Montreal Can reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,093,376 shares of the company’s stock after selling 57,821 shares during the period. Bank of Montreal Can owned about 1.72% of iShares 1-3 Year Treasury Bond ETF worth $416,638,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Glassman Wealth Services bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $59,000. Ndwm LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $1,371,000. Peak Asset Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% during the 4th quarter. Peak Asset Management LLC now owns 23,764 shares of the company’s stock worth $1,950,000 after acquiring an additional 435 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its position in iShares 1-3 Year Treasury Bond ETF by 7.0% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 5,362 shares of the company’s stock valued at $440,000 after acquiring an additional 350 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 6.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 36,578 shares of the company’s stock valued at $3,001,000 after acquiring an additional 2,186 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY stock opened at $83.21 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.62 and a 1 year high of $83.24. The firm’s 50 day moving average is $82.58 and its 200-day moving average is $81.85. The firm has a market capitalization of $24.68 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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