Insight 2811 Inc. Cuts Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Insight 2811 Inc. lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 463,153 shares of the company’s stock after selling 16,487 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 19.6% of Insight 2811 Inc.’s portfolio, making the stock its 2nd biggest holding. Insight 2811 Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $37,816,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3,931.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after buying an additional 1,849,118 shares during the period. Members Trust Co boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 96.2% during the 1st quarter. Members Trust Co now owns 1,493,298 shares of the company’s stock valued at $122,122,000 after purchasing an additional 732,321 shares in the last quarter. Pathstone Holdings LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $59,218,000. Simplicity Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $58,276,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7,346.0% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 668,426 shares of the company’s stock worth $54,664,000 after purchasing an additional 659,449 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ:SHY traded up $0.15 during trading hours 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 company has a market capitalization of $24.61 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.62 and a 12 month high of $83.06. The business’s 50-day simple moving average is $82.28 and its two-hundred day simple moving average is $81.75.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 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.