iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Camden National Bank

Camden National Bank grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,078 shares of the company’s stock after purchasing an additional 17,699 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 1.9% of Camden National Bank’s portfolio, making the stock its 15th biggest position. Camden National Bank owned about 0.06% of iShares 1-3 Year Treasury Bond ETF worth $14,374,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. MCF Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after buying an additional 249 shares during the period. Lodestone Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $29,000. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $29,000. Finally, Valley National Advisers Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2%

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

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.2383 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

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.