Mirae Asset Global Investments Co. Ltd. Raises Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Mirae Asset Global Investments Co. Ltd. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,794 shares of the company’s stock after buying an additional 6,660 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,673,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. TruWealth Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after purchasing an additional 121 shares during the last quarter. Aspire Growth Partners LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after purchasing an additional 127 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after purchasing an additional 128 shares during the last quarter. Belpointe Asset Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock worth $1,445,000 after purchasing an additional 131 shares during the last quarter. Finally, ESL Trust Services LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% during the 3rd quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock worth $182,000 after purchasing an additional 133 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.64 on Monday. The stock has a market capitalization of $25.70 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20. The business has a fifty day moving average price of $82.66 and a 200 day moving average price of $82.80.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a dividend of $0.2469 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.