Park Place Capital Corp Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Park Place Capital Corp grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 10,806 shares of the company’s stock after purchasing an additional 931 shares during the period. Park Place Capital Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $884,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SHY. Morris Financial Concepts Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 1st quarter. Morris Financial Concepts Inc. now owns 72,610 shares of the company’s stock worth $5,938,000 after buying an additional 3,993 shares in the last quarter. LifeGuide Financial Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the first quarter. LifeGuide Financial Advisors LLC now owns 23,163 shares of the company’s stock worth $1,894,000 after purchasing an additional 166 shares in the last quarter. Barry Investment Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 116.7% during the first quarter. Barry Investment Advisors LLC now owns 11,074 shares of the company’s stock worth $906,000 after purchasing an additional 5,964 shares in the last quarter. Strata Wealth Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 49.2% in the first quarter. Strata Wealth Advisors LLC now owns 8,529 shares of the company’s stock valued at $697,000 after acquiring an additional 2,812 shares in the last quarter. Finally, Cornerstone Wealth Group LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.0% in the first quarter. Cornerstone Wealth Group LLC now owns 4,019 shares of the company’s stock valued at $329,000 after acquiring an additional 432 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY traded down $0.07 during mid-day trading on Monday, hitting $81.31. The company had a trading volume of 3,628,705 shares, compared to its average volume of 4,010,226. The company has a market capitalization of $24.43 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business’s 50-day simple moving average is $81.40 and its 200 day simple moving average is $81.63. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.55 and a 1-year high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.2704 per share. The ex-dividend date is Monday, 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.