Allianz SE Buys 7,426 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Allianz SE boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 349,915 shares of the company’s stock after purchasing an additional 7,426 shares during the quarter. Allianz SE owned about 0.12% of iShares 1-3 Year Treasury Bond ETF worth $28,980,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares during the period. Squarepoint Ops LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after acquiring an additional 7,731 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $70,000. NCM Capital Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% in the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after acquiring an additional 603 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after acquiring an additional 919 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

SHY opened at $82.07 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20. The stock has a market capitalization of $25.13 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average of $82.26 and a 200-day moving average of $82.61.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF Company 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.