iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Alamar Capital Management LLC

Alamar Capital Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 89,216 shares of the company’s stock after buying an additional 13,845 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 4.0% of Alamar Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Alamar Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,401,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SHY. Harbor Investment Advisory LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 16.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after purchasing an additional 6,436 shares during the period. First Horizon Corp bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $2,116,000. Cadence Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $5,524,000. Childress Capital Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $896,000. Finally, JARISLOWSKY FRASER Ltd raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 66.9% during the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after buying an additional 16,647 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.73 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The stock has a market cap of $24.18 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a 50-day simple moving average of $82.88 and a 200 day simple moving average of $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.223 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.2%.

About iShares 1-3 Year Treasury Bond ETF

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.