Core Capital Management & Research inc. Takes $15.75 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Core Capital Management & Research inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 192,124 shares of the company’s stock, valued at approximately $15,754,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 8.3% of Core Capital Management & Research inc.’s portfolio, making the stock its largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in shares of 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 purchasing an additional 916 shares in the last quarter. Squarepoint Ops LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 103.3% in the second 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 in the last quarter. Darwin Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $70,000. NCM Capital Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares during the period. Finally, Ausdal Financial Partners Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after buying an additional 919 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

SHY stock opened at $81.63 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.59 and a 12 month high of $83.20. The firm has a market cap of $25.00 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The company’s 50-day moving average price is $81.90 and its two-hundred day moving average price is $82.19.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a dividend of $0.244 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.