iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,141 shares of the company’s stock after selling 3,585 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,808,000 at the end of the most recent reporting period.

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

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.96 on Friday. The company has a market cap of $24.61 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50-day moving average is $82.28 and its two-hundred day moving average is $81.75. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.62 and a 1-year high of $83.06.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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