Arena Capital Advisors LLC CA Takes $2.89 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Arena Capital Advisors LLC CA acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,000 shares of the company’s stock, valued at approximately $2,890,000. iShares 1-3 Year Treasury Bond ETF makes up about 1.4% of Arena Capital Advisors LLC CA’s portfolio, making the stock its 10th largest holding.

Other large investors also recently made changes to their positions in the company. Milestones Private Investment Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 3.1% in the 1st quarter. Milestones Private Investment Advisors LLC now owns 19,724 shares of the company’s stock valued at $1,629,000 after acquiring an additional 602 shares in the last quarter. Calamos Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $972,000. AMG National Trust Bank grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 67.6% during the 1st quarter. AMG National Trust Bank now owns 20,028 shares of the company’s stock worth $1,654,000 after acquiring an additional 8,075 shares in the last quarter. Retirement Planning Group LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 110.5% in the first quarter. Retirement Planning Group LLC now owns 8,424 shares of the company’s stock valued at $696,000 after purchasing an additional 4,423 shares during the last quarter. Finally, Objective Capital Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 6.6% in the 1st quarter. Objective Capital Management LLC now owns 15,561 shares of the company’s stock valued at $1,285,000 after buying an additional 959 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $81.93 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.79 and a 52-week high of $83.20. The firm has a market capitalization of $25.74 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50-day simple moving average is $82.05 and its 200 day simple moving average is $82.47.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2383 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.