Camden National Bank Boosts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Camden National Bank boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,379 shares of the company’s stock after buying an additional 9,470 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 1.8% of Camden National Bank’s holdings, making the stock its 20th biggest position. Camden National Bank owned approximately 0.05% of iShares 1-3 Year Treasury Bond ETF worth $12,951,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SHY. NewEdge Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after purchasing an additional 916 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% during the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $70,000. NCM Capital Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after purchasing an additional 919 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.4%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.94 and a 52 week high of $83.20. The firm’s 50-day simple moving average is $82.33 and its 200 day simple moving average is $82.67. The firm has a market capitalization of $25.11 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, June 1st will be given a $0.2429 dividend. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.