Hobbs Group Advisors LLC Lowers Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Hobbs Group Advisors LLC decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.6% in the third quarter, Holdings Channel reports. The institutional investor owned 9,780 shares of the company’s stock after selling 2,538 shares during the quarter. Hobbs Group Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $813,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Arete Wealth Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 786.6% during the third quarter. Arete Wealth Advisors LLC now owns 56,193 shares of the company’s stock valued at $4,672,000 after buying an additional 49,855 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 5,569 shares of the company’s stock worth $463,000 after purchasing an additional 591 shares in the last quarter. M&T Bank Corp increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 77.0% in the 3rd quarter. M&T Bank Corp now owns 669,583 shares of the company’s stock worth $55,676,000 after purchasing an additional 291,373 shares in the last quarter. Executive Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $207,000. Finally, Barclays PLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.19 on Wednesday. The firm has a market cap of $22.20 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day simple moving average of $82.29 and a two-hundred day simple moving average of $82.24. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.2653 dividend. The ex-dividend date was Monday, December 2nd.

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.