Deutsche Bank AG Grows Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Deutsche Bank AG grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 124.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 19,004 shares of the company’s stock after acquiring an additional 10,547 shares during the period. Deutsche Bank AG’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,572,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. DMC Group LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.7% in the 1st quarter. DMC Group LLC now owns 7,417 shares of the company’s stock valued at $614,000 after acquiring an additional 122 shares during the period. CNB Bank grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.6% in the first quarter. CNB Bank now owns 2,018 shares of the company’s stock valued at $167,000 after purchasing an additional 125 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the first quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after purchasing an additional 125 shares in the last quarter. A. D. Beadell Investment Counsel Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.4% in the first quarter. A. D. Beadell Investment Counsel Inc. now owns 5,526 shares of the company’s stock valued at $457,000 after purchasing an additional 127 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock valued at $1,504,000 after purchasing an additional 128 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.85 on Friday. The stock has a market capitalization of $23.43 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The company has a 50 day moving average price of $82.59 and a 200 day moving average price of $82.50. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were issued a $0.2698 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Friday, August 1st.

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.