AIA Group Ltd Has $73.49 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

AIA Group Ltd boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 890,071 shares of the company’s stock after acquiring an additional 138,994 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.1% of AIA Group Ltd’s investment portfolio, making the stock its 15th largest holding. AIA Group Ltd’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $73,493,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SHY. NewEdge Advisors LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares in the last quarter. Squarepoint Ops LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares during the period. Darwin Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $70,000. NCM Capital Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% in the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after buying an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after buying an additional 919 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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 $81.79 and a 52-week high of $83.20. The firm has a 50-day moving average of $82.04 and a 200-day moving average of $82.46. The stock has a market cap of $25.61 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.