Harbour Investments Inc. Sells 387 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Harbour Investments Inc. lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,809 shares of the company’s stock after selling 387 shares during the period. Harbour Investments Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $230,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. Van ECK Associates Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares during the period. Roxbury Financial LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $36,000. Logan Capital Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. Finally, Creative Capital Management Investments LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $45,000. Institutional investors own 23.15% of the company’s stock.

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

Shares of SHY stock opened at $82.58 on Friday. The firm has a market cap of $23.27 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. The company’s 50 day moving average is $82.23 and its 200 day moving average is $82.32. 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 firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued 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.