Pine Valley Investments Ltd Liability Co Trims Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pine Valley Investments Ltd Liability Co lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,367 shares of the company’s stock after selling 460 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $363,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SHY. Captrust Financial Advisors boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% during the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after purchasing an additional 3,563,486 shares during the period. Cerity Partners OCIO LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $129,075,000. LPL Financial LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares in the last quarter. Barclays PLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after purchasing an additional 1,123,670 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after buying an additional 546,239 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.09 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The business has a 50-day moving average price of $82.24 and a 200 day moving average price of $82.25. The company has a market capitalization of $22.17 billion, a P/E 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 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.