Motiv8 Investments LLC Sells 8,939 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Motiv8 Investments LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,775 shares of the company’s stock after selling 8,939 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 1.7% of Motiv8 Investments LLC’s holdings, making the stock its 15th largest holding. Motiv8 Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,350,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock worth $225,000 after purchasing an additional 131 shares during the period. Patton Fund Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.8% during the second quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock worth $634,000 after purchasing an additional 140 shares during the period. SWP Financial LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.4% during the first quarter. SWP Financial LLC now owns 4,264 shares of the company’s stock worth $349,000 after purchasing an additional 142 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.1% during the fourth quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock worth $159,000 after purchasing an additional 145 shares during the period. Finally, Secure Asset Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.0% during the second quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock worth $615,000 after purchasing an additional 148 shares during the period. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY traded up $0.15 during mid-day trading on Friday, reaching $82.96. 6,478,543 shares of the company’s stock were exchanged, compared to its average volume of 4,032,519. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s fifty day moving average price is $82.28 and its 200-day moving average price is $81.75. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.62 and a twelve month high of $83.06.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors 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.