Park Avenue Securities LLC Increases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Park Avenue Securities LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.4% during the 3rd quarter, Holdings Channel reports. The firm owned 87,329 shares of the company’s stock after acquiring an additional 20,384 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,261,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 147.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 14,223 shares of the company’s stock valued at $1,167,000 after buying an additional 8,470 shares during the period. Goldman Sachs Group Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 19.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,262,186 shares of the company’s stock worth $103,550,000 after purchasing an additional 207,499 shares in the last quarter. Azimuth Capital Investment Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 10.6% during the 4th quarter. Azimuth Capital Investment Management LLC now owns 7,602 shares of the company’s stock worth $624,000 after purchasing an additional 730 shares during the period. Waterloo Capital L.P. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 37.7% during the 4th quarter. Waterloo Capital L.P. now owns 8,347 shares of the company’s stock valued at $685,000 after purchasing an additional 2,286 shares in the last quarter. Finally, Watchman Group Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 112.6% during the 4th quarter. Watchman Group Inc. now owns 17,437 shares of the company’s stock valued at $1,431,000 after purchasing an additional 9,237 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.3 %

Shares of SHY stock traded down $0.28 during mid-day trading on Friday, hitting $82.52. 4,012,980 shares of the stock were exchanged, compared to its average volume of 4,104,001. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.67 and a 52-week high of $83.30. The company has a market cap of $22.99 billion, a PE ratio of 3,695.45 and a beta of 0.01. The firm has a fifty day moving average of $82.80 and a 200 day moving average of $81.95.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.