Citigroup Inc. Purchases 73,972 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Citigroup Inc. raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,312,630 shares of the company’s stock after buying an additional 73,972 shares during the quarter. Citigroup Inc. owned about 0.45% of iShares 1-3 Year Treasury Bond ETF worth $108,896,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SHY. Captrust Financial Advisors boosted its position in iShares 1-3 Year Treasury Bond ETF by 4.9% during the second quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after purchasing an additional 502,122 shares during the period. Assetmark Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock valued at $588,142,000 after buying an additional 3,917,307 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares 1-3 Year Treasury Bond ETF by 4.2% during 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 during the period. Mizuho Markets Americas LLC raised its holdings in 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 9.4% during the second quarter. Ameriprise Financial Inc. now owns 4,424,160 shares of the company’s stock worth $373,082,000 after acquiring an additional 380,980 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.99 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.14 and a one year high of $83.14. The firm has a market capitalization of $24.26 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a fifty day moving average price of $82.86 and a 200-day moving average price of $82.87.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.25 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend 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.