Motiv8 Investments LLC Sells 8,939 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Motiv8 Investments LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,775 shares of the company’s stock after selling 8,939 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.7% of Motiv8 Investments LLC’s investment portfolio, making the stock its 15th biggest holding. Motiv8 Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. SWP Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $338,000. PNC Financial Services Group Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,073,272 shares of the company’s stock valued at $88,051,000 after acquiring an additional 4,482 shares in the last quarter. Guidance Capital Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after buying an additional 359 shares during the last quarter. Gradient Investments LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after buying an additional 895 shares during the last quarter. Finally, Ndwm LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $1,371,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY traded up $0.15 on Friday, hitting $82.96. The stock had a trading volume of 6,478,543 shares, compared to its average volume of 4,032,519. The stock has a market cap of $24.61 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.62 and a 1 year high of $83.06. The firm’s fifty day simple moving average is $82.28 and its two-hundred day simple moving average is $81.75.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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