GatePass Capital LLC Sells 7,003 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

GatePass Capital LLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 72.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,704 shares of the company’s stock after selling 7,003 shares during the quarter. GatePass Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $224,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harbor Investment Advisory LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 16.7% during the 3rd quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock worth $3,740,000 after buying an additional 6,436 shares during the period. First Horizon Corp bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $2,116,000. Childress Capital Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $896,000. JARISLOWSKY FRASER Ltd increased its stake in iShares 1-3 Year Treasury Bond ETF by 66.9% in the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after purchasing an additional 16,647 shares in the last quarter. Finally, CX Institutional increased its stake in iShares 1-3 Year Treasury Bond ETF by 13.3% in the third quarter. CX Institutional now owns 399,452 shares of the company’s stock valued at $33,139,000 after purchasing an additional 46,965 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 Price Performance

SHY stock opened at $82.79 on Friday. The company’s 50-day moving average is $82.86 and its 200-day moving average is $82.81. The stock has a market capitalization of $23.60 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.87 and a 1 year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.2548 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.7%.

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.