Moors & Cabot Inc. Has $679,000 Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Moors & Cabot Inc. decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,171 shares of the company’s stock after selling 2,694 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $679,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Advisory Services LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% during the 1st quarter. Kestra Advisory Services LLC now owns 189,142 shares of the company’s stock valued at $15,468,000 after acquiring an additional 2,325 shares during the last quarter. SVB Wealth LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 114.1% in the first quarter. SVB Wealth LLC now owns 15,104 shares of the company’s stock valued at $1,235,000 after purchasing an additional 8,049 shares during the last quarter. Ascent Group LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 35.2% in the first quarter. Ascent Group LLC now owns 73,830 shares of the company’s stock valued at $6,038,000 after purchasing an additional 19,209 shares during the last quarter. Captrust Financial Advisors lifted its stake in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after buying an additional 379,718 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 29.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 31,764 shares of the company’s stock worth $2,572,000 after buying an additional 7,268 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.01 on Friday. The stock has a market cap of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.51 and a 200-day moving average of $82.16. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF 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.