PNC Financial Services Group Inc. Purchases 640,953 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

PNC Financial Services Group Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 45.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,056,211 shares of the company’s stock after acquiring an additional 640,953 shares during the period. PNC Financial Services Group Inc. owned 0.70% of iShares 1-3 Year Treasury Bond ETF worth $170,295,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SHY. Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $53,414,000. Cadence Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $5,524,000. First Citizens Bank & Trust Co. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $5,566,000. Fifth Third Bancorp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the 3rd quarter. Fifth Third Bancorp now owns 316,415 shares of the company’s stock valued at $26,250,000 after purchasing an additional 6,453 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 118.9% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock valued at $7,023,000 after purchasing an additional 46,040 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

SHY stock opened at $82.15 on Thursday. The stock has a market capitalization of $25.15 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.00 and a 52 week high of $83.20. The firm has a 50 day moving average of $82.40 and a 200 day moving average of $82.70.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2428 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, May 1st.

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.