iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Reaches New 1-Year High at $83.24

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $83.24 and last traded at $83.23, with a volume of 3255007 shares changing hands. The stock had previously closed at $83.21.

iShares 1-3 Year Treasury Bond ETF Price Performance

The stock has a market cap of $24.68 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a 50 day moving average price of $82.58 and a 200 day moving average price of $81.85.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares 1-3 Year Treasury Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of SHY. Glassman Wealth Services acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $59,000. Ndwm LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $1,371,000. Peak Asset Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.9% during the fourth quarter. Peak Asset Management LLC now owns 23,764 shares of the company’s stock worth $1,950,000 after buying an additional 435 shares during the period. Edmond DE Rothschild Holding S.A. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.0% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 5,362 shares of the company’s stock valued at $440,000 after acquiring an additional 350 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 36,578 shares of the company’s stock worth $3,001,000 after acquiring an additional 2,186 shares during the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

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.