American Capital Management Inc. Purchases Shares of 26,490 iShares 1-3 Year Treasury Bond ETF $SHY

American Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 26,490 shares of the company’s stock, valued at approximately $2,187,000.

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

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $81.86 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.76 and a 1 year high of $83.20. The firm’s 50-day moving average is $82.00 and its two-hundred day moving average is $82.41. The firm has a market capitalization of $25.41 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 disclosed 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. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Company 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.