iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 346,248 shares of the company’s stock after selling 33,791 shares during the quarter. Kovitz Investment Group Partners LLC owned about 0.13% of iShares 1-3 Year Treasury Bond ETF worth $28,753,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC increased its stake in 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 acquiring an additional 131 shares during the last quarter. Patton Fund Management Inc. increased its stake in 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 acquiring an additional 140 shares during the last quarter. SPC Financial Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% during the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after acquiring an additional 140 shares during the last quarter. Secure Asset Management LLC increased its stake in 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 acquiring an additional 148 shares during the last quarter. Finally, Aveo Capital Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.0% during the second quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock worth $1,229,000 after acquiring an additional 148 shares during the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.15 on Friday. The business has a fifty day moving average of $82.33 and a two-hundred day moving average of $82.21. The stock has a market cap of $22.19 billion, a price-to-earnings ratio of 3,695.45 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 declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a dividend of $0.2653 per share. The ex-dividend date was Monday, December 2nd.

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.