AIA Group Ltd Raises Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

AIA Group Ltd grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,776,390 shares of the company’s stock after acquiring an additional 364,645 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 2.6% of AIA Group Ltd’s investment portfolio, making the stock its 4th biggest holding. AIA Group Ltd owned approximately 0.62% of iShares 1-3 Year Treasury Bond ETF worth $147,369,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SHY. Captrust Financial Advisors boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock valued at $556,134,000 after acquiring an additional 272,758 shares in the last quarter. Mizuho Markets Americas LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after acquiring an additional 2,414,144 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after acquiring an additional 257,934 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.2%

NASDAQ:SHY opened at $82.52 on Thursday. The stock has a market capitalization of $24.12 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm has a fifty day simple moving average of $82.84 and a two-hundred day simple moving average of $82.88. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, March 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.