AIA Group Ltd Acquires 138,994 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

AIA Group Ltd raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 890,071 shares of the company’s stock after buying an additional 138,994 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.1% of AIA Group Ltd’s investment portfolio, making the stock its 15th largest holding. AIA Group Ltd owned approximately 0.29% of iShares 1-3 Year Treasury Bond ETF worth $73,493,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. TruWealth Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after acquiring an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after purchasing an additional 126 shares during the last quarter. Savant Capital LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after purchasing an additional 126 shares in the last quarter. Tower View Wealth Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% in the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after acquiring an additional 132 shares in the last quarter. Finally, Cahaba Wealth Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after buying an additional 133 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Friday. The firm has a market cap of $25.61 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.04 and a 200 day simple moving average of $82.46. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.79 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.