iShares 1-3 Year Treasury Bond ETF $SHY Holdings Lifted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,415,258 shares of the company’s stock after purchasing an additional 47,976 shares during the quarter. PNC Financial Services Group Inc. owned about 0.49% of iShares 1-3 Year Treasury Bond ETF worth $117,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SHY. MGO One Seven LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $304,000. Allianz Asset Management GmbH bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $3,300,000. Salomon & Ludwin LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 11.2% in the second quarter. Salomon & Ludwin LLC now owns 134,880 shares of the company’s stock worth $11,133,000 after purchasing an additional 13,622 shares during the period. Journey Advisory Group LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 39.9% in the second quarter. Journey Advisory Group LLC now owns 21,053 shares of the company’s stock worth $1,744,000 after purchasing an additional 6,000 shares during the period. Finally, Divergent Planning LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $11,754,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2%

SHY stock opened at $83.06 on Monday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.03 and a 52 week high of $83.14. The company has a market capitalization of $24.28 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s 50-day moving average is $82.84 and its two-hundred day moving average is $82.86.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.