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

Moors & Cabot Inc. cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 65.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,861 shares of the company’s stock after selling 5,310 shares during the period. Moors & Cabot Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $235,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Cascade Financial Partners LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 53.0% in the 4th quarter. Cascade Financial Partners LLC now owns 72,794 shares of the company’s stock valued at $5,968,000 after buying an additional 25,203 shares during the period. Cushing Capital Partners LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $391,000. Miller Financial Services LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $1,960,000. Global View Capital Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $10,304,000. Finally, King Luther Capital Management Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF by 259.0% during the 4th quarter. King Luther Capital Management Corp now owns 15,100 shares of the company’s stock valued at $1,238,000 after purchasing an additional 10,894 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.42 on Monday. The firm has a 50-day moving average price of $82.17 and a two-hundred day moving average price of $82.32. The firm has a market capitalization of $23.23 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01. 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 announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Company Profile

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.