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

Motiv8 Investments LLC decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 23,156 shares of the company’s stock after selling 2,490 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.3% of Motiv8 Investments LLC’s holdings, 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.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHY. Captrust Financial Advisors grew its holdings 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 worth $703,935,000 after purchasing an additional 3,563,486 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after acquiring an additional 8,173,293 shares during the last quarter. LPL Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd 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. Bank of Montreal Can raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after acquiring an additional 41,969 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.44 on Thursday. The firm has a 50 day simple moving average of $82.03 and a 200 day simple moving average of $82.34. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm has a market cap of $23.23 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2735 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 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.