iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Legacy Private Trust Co.

Legacy Private Trust Co. reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,981 shares of the company’s stock after selling 493 shares during the period. Legacy Private Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $244,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SHY. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after buying an additional 1,193,337 shares during the last quarter. Bank of Montreal Can increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after buying an additional 41,969 shares in the last quarter. Barclays PLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the last quarter. Finally, Cerity Partners OCIO LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $129,075,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.98 on Thursday. The stock has a 50 day moving average price of $82.03 and a 200 day moving average price of $82.31. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.