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

Allianz SE boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 342,489 shares of the company’s stock after buying an additional 23,360 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 0.6% of Allianz SE’s investment portfolio, making the stock its 28th largest position. Allianz SE owned approximately 0.12% of iShares 1-3 Year Treasury Bond ETF worth $28,413,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $25,000. Key Financial Inc increased its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the period. Pflug Koory LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after buying an additional 361 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $83.18 on Friday. The company’s 50 day moving average price is $82.88 and its 200 day moving average price is $82.89. The firm has a market capitalization of $24.31 billion, a price-to-earnings 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 $82.21 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.25 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, February 2nd.

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.