Burke & Herbert Bank & Trust Co. Sells 675 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Burke & Herbert Bank & Trust Co. cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 17,193 shares of the company’s stock after selling 675 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,430,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SHY. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $30,000. Financial Connections Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $31,000. Criterion Capital Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $35,000. Future Financial Wealth Managment LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $36,000. Finally, Atticus Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 76.0% in the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock valued at $45,000 after purchasing an additional 237 shares during the last quarter. 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 $0.06 during midday trading on Friday, hitting $82.51. 71,163 shares of the stock were exchanged, compared to its average volume of 4,038,776. The business’s 50-day moving average price is $82.80 and its 200 day moving average price is $82.03. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.80 and a 12 month high of $83.30. The stock has a market capitalization of $22.58 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date of this dividend 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.