Penobscot Investment Management Company Inc. Sells 2,012 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Penobscot Investment Management Company Inc. decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 25,950 shares of the company’s stock after selling 2,012 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,150,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Godsey & Gibb Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $26,000. MassMutual Private Wealth & Trust FSB raised its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares in the last quarter. WestEnd Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $35,000. CENTRAL TRUST Co raised its stake in iShares 1-3 Year Treasury Bond ETF by 575.4% in the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after purchasing an additional 374 shares in the last quarter. Finally, WFA Asset Management Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $38,000. Institutional investors own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.79 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.12. The company has a 50-day simple moving average of $82.80 and a two-hundred day simple moving average of $82.63. The stock has a market capitalization of $23.97 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be paid a $0.2563 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.