Motiv8 Investments LLC Sells 3,129 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Motiv8 Investments LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,646 shares of the company’s stock after selling 3,129 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.4% of Motiv8 Investments LLC’s investment portfolio, making the stock its 15th biggest position. Motiv8 Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,132,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $30,000. Financial Connections Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter worth $31,000. Atticus Wealth Management LLC increased its stake 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 acquiring an additional 237 shares during the last quarter. Rational Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $67,000. Finally, Global Trust Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $68,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

Shares of iShares 1-3 Year Treasury Bond ETF stock traded down $0.03 during trading on Friday, hitting $82.42. 2,453,035 shares of the stock traded hands, compared to its average volume of 4,050,041. The stock has a market cap of $22.56 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 $80.80 and a 52 week high of $83.30. The firm’s fifty day moving average is $82.80 and its 200-day moving average is $82.04.

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 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.