Camden National Bank Raises Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Camden National Bank boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 146,909 shares of the company’s stock after purchasing an additional 14,648 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.7% of Camden National Bank’s investment portfolio, making the stock its 21st largest position. Camden National Bank owned about 0.05% of iShares 1-3 Year Treasury Bond ETF worth $12,188,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $25,000. Key Financial Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares in the last quarter. Pflug Koory LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the last quarter. Delos Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Finally, Howe & Rusling Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after purchasing an additional 361 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $83.06 on Friday. The business has a 50 day simple moving average of $82.84 and a 200-day simple moving average of $82.86. The firm has a market capitalization of $24.28 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 $82.03 and a 1 year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.25 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, February 2nd.

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.