iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Allianz SE

Allianz SE raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 319,129 shares of the company’s stock after purchasing an additional 12,710 shares during the period. Allianz SE owned 0.11% of iShares 1-3 Year Treasury Bond ETF worth $26,443,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SHY. Apollon Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 1st quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock worth $1,777,000 after acquiring an additional 125 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the first quarter. SBI Securities Co. Ltd. now owns 8,749 shares of the company’s stock valued at $724,000 after purchasing an additional 177 shares during the period. Cullen Frost Bankers Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.6% in the 1st quarter. Cullen Frost Bankers Inc. now owns 13,625 shares of the company’s stock worth $1,127,000 after buying an additional 1,523 shares in the last quarter. SWP Financial LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $262,000. Finally, Hudock Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.4% in the 1st quarter. Hudock Inc. now owns 31,753 shares of the company’s stock worth $2,627,000 after acquiring an additional 1,626 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.85 on Thursday. The company’s fifty day moving average is $82.92 and its two-hundred day moving average is $82.70. The firm has a market cap of $23.92 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.2627 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Monday, November 3rd.

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.