Corecam Pte. Ltd. Makes New $3.83 Million Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Corecam Pte. Ltd. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, HoldingsChannel.com reports. The firm bought 46,269 shares of the company’s stock, valued at approximately $3,832,000. iShares 1-3 Year Treasury Bond ETF comprises about 2.0% of Corecam Pte. Ltd.’s portfolio, making the stock its 18th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. NCM Capital Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 11.2% in the fourth quarter. NCM Capital Management LLC now owns 12,889 shares of the company’s stock worth $1,067,000 after purchasing an additional 1,300 shares during the period. Wick Capital Partners LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 2.8% in the 4th quarter. Wick Capital Partners LLC now owns 32,845 shares of the company’s stock valued at $2,720,000 after acquiring an additional 887 shares in the last quarter. Mariner Investment Group LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $218,000. WLTH Capital Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $1,479,000. Finally, Clear Retirement Advice LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $710,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.86 and a 52 week high of $83.20. The firm has a fifty day moving average of $82.23 and a two-hundred day moving average of $82.58. The stock has a market capitalization of $25.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.