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

Moors & Cabot Inc. reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 65.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,861 shares of the company’s stock after selling 5,310 shares during the quarter. 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 Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after purchasing an additional 8,173,293 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $389,029,000. Captrust Financial Advisors grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after purchasing an additional 3,563,486 shares during the last quarter. Assetmark Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% in the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after purchasing an additional 1,975,432 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.42 on Monday. The company’s 50 day simple moving average is $82.17 and its 200-day simple moving average is $82.32. The firm has a market capitalization of $23.23 billion, a PE ratio of 3,755.45 and a beta of 0.01. 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 company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date was Monday, March 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.