Raab & Moskowitz Asset Management LLC Sells 270 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Raab & Moskowitz Asset Management LLC cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,490 shares of the company’s stock after selling 270 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $540,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHY. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $30,000. Financial Connections Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $31,000. Rational Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $67,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $68,000. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares during the period. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.23 on Monday. The business’s fifty day moving average price is $82.31 and its 200-day moving average price is $82.23. 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 $22.21 billion, a PE 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 dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were given a dividend of $0.2653 per share. The ex-dividend date of this dividend was Monday, December 2nd.

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.