iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Hilltop Holdings Inc.

Hilltop Holdings Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 637.2% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 50,090 shares of the company’s stock after buying an additional 43,295 shares during the period. Hilltop Holdings Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,136,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SHY. NewEdge Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the period. Squarepoint Ops LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $70,000. NCM Capital Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% in the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after purchasing an additional 603 shares during the period. Finally, Ausdal Financial Partners Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.85 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.76 and a 12 month high of $83.20. The business has a 50 day simple moving average of $82.01 and a 200-day simple moving average of $82.42. The stock has a market capitalization of $25.46 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.2383 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.