Insight 2811 Inc. Has $17.86 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Insight 2811 Inc. decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 217,823 shares of the company’s stock after selling 76,065 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 9.2% of Insight 2811 Inc.’s investment portfolio, making the stock its 3rd largest holding. Insight 2811 Inc. owned approximately 0.08% of iShares 1-3 Year Treasury Bond ETF worth $17,857,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Eagle Asset Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares during the last quarter. Great Valley Advisor Group Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 7.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 24,053 shares of the company’s stock valued at $2,000,000 after buying an additional 1,593 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 90.2% in the third quarter. Fisher Asset Management LLC now owns 228,579 shares of the company’s stock valued at $19,006,000 after acquiring an additional 108,429 shares during the period. Alliance Wealth Management Group boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% in the third quarter. Alliance Wealth Management Group now owns 5,026 shares of the company’s stock worth $418,000 after buying an additional 420 shares during the last quarter. Finally, Acorn Wealth Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.47 on Tuesday. The business has a 50-day simple moving average of $82.24 and a two-hundred day simple moving average of $82.31. The stock has a market cap of $23.24 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. 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 company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.2531 dividend. 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.