iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Cambridge Trust Co.

Cambridge Trust Co. trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 83.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,396 shares of the company’s stock after selling 16,929 shares during the quarter. Cambridge Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $279,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Assetmark Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% in the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after acquiring an additional 6,751,373 shares during the last quarter. Morgan Stanley lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 16.9% in the 4th quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock worth $1,625,679,000 after acquiring an additional 2,893,771 shares during the last quarter. Barclays PLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 114.2% in the 2nd quarter. Barclays PLC now owns 5,038,466 shares of the company’s stock worth $408,519,000 after acquiring an additional 2,685,922 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% in the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock worth $893,706,000 after acquiring an additional 1,858,137 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $119,012,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $81.17 on Friday. The firm’s 50 day moving average price is $81.55 and its 200-day moving average price is $81.55. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.60. The firm has a market cap of $24.58 billion, a P/E ratio of 3,690.68 and a beta of 0.02.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2705 per share. The ex-dividend date was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%.

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.