iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Fmr LLC

Fmr LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 42.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,710,700 shares of the company’s stock after selling 1,248,082 shares during the period. Fmr LLC owned about 0.63% of iShares 1-3 Year Treasury Bond ETF worth $142,245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. WestEnd Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $31,000. Global Trust Asset Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $68,000. Rational Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $67,000. Finally, Creative Financial Designs Inc. ADV increased its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 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 Stock Up 0.0 %

SHY opened at $82.06 on Wednesday. The firm has a market cap of $22.51 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s fifty day simple moving average is $82.37 and its 200 day simple moving average is $82.21. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be issued a dividend of $0.2653 per share. The ex-dividend date is Monday, December 2nd.

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.