Legacy Private Trust Co. Reduces Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Legacy Private Trust Co. cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 52.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,474 shares of the company’s stock after selling 3,853 shares during the quarter. Legacy Private Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $289,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SHY. WestEnd Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $30,000. Financial Connections Group Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $31,000. Criterion Capital Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $35,000. Future Financial Wealth Managment LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $36,000. Finally, Mather Group LLC. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $39,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.48 on Wednesday. The stock has a market capitalization of $22.89 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm’s 50 day simple moving average is $82.80 and its 200-day simple moving average is $81.95. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.67 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

iShares 1-3 Year Treasury Bond ETF 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.