Klingman & Associates LLC Acquires New Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Klingman & Associates LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,279 shares of the company’s stock, valued at approximately $1,674,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NewEdge Advisors LLC increased 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 during the period. Squarepoint Ops LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after acquiring an additional 7,731 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $70,000. NCM Capital Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% in the second 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 last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% in the second 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 during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $81.77 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.76 and a fifty-two week high of $83.20. The company has a 50 day simple moving average of $82.01 and a two-hundred day simple moving average of $82.43. The company has a market capitalization of $25.43 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.