Motiv8 Investments LLC Has $1.90 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Motiv8 Investments LLC trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,156 shares of the company’s stock after selling 2,490 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 1.3% of Motiv8 Investments LLC’s portfolio, making the stock its 20th largest position. Motiv8 Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,898,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Eagle Asset Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Pinnacle Financial Partners Inc raised its position in iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after acquiring an additional 22,721 shares in the last quarter. Zhang Financial LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after acquiring an additional 1,859 shares in the last quarter. Purus Wealth Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 8.6% in the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after acquiring an additional 530 shares during the last quarter. Finally, Zacks Investment Management grew its position in iShares 1-3 Year Treasury Bond ETF by 2.8% in the third quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock worth $29,862,000 after acquiring an additional 9,784 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY opened at $82.44 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company’s fifty day moving average is $82.03 and its 200-day moving average is $82.34. The firm has a market cap of $23.23 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 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.