Calamos Advisors LLC Acquires Shares of 11,768 iShares 1-3 Year Treasury Bond ETF $SHY

Calamos Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,768 shares of the company’s stock, valued at approximately $972,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares during the last quarter. Pinebridge Investments Asia Ltd. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $270,573,000. The Manufacturers Life Insurance Company raised its holdings in iShares 1-3 Year Treasury Bond ETF by 534.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock worth $185,576,000 after acquiring an additional 1,887,420 shares during the last quarter. Mizuho Markets Cayman LP bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $121,919,000. Finally, Valpey Financial Services LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 9,080.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,114,004 shares of the company’s stock valued at $92,262,000 after acquiring an additional 1,101,869 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.00 on Friday. The company has a market cap of $25.67 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business’s fifty day simple moving average is $82.04 and its two-hundred day simple moving average is $82.46. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.79 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2383 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend 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.