Alamar Capital Management LLC Acquires Shares of 113,224 iShares 1-3 Year Treasury Bond ETF $SHY

Alamar Capital Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) during the 1st quarter, Holdings Channel.com reports. The fund bought 113,224 shares of the company’s stock, valued at approximately $9,349,000. iShares 1-3 Year Treasury Bond ETF accounts for 5.7% of Alamar Capital Management LLC’s holdings, making the stock its 4th largest holding.

A number of other large investors have also modified their holdings of SHY. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of 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 purchasing an additional 249 shares in the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Valley National Advisers Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $38,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

Shares of SHY opened at $81.83 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.79 and a 52-week high of $83.20. The company has a 50-day simple moving average of $82.02 and a 200-day simple moving average of $82.44. The company has a market capitalization of $25.45 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. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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