iShares 1-3 Year Treasury Bond ETF $SHY Shares Newly Purchased by Rock Creek Group LLC

Rock Creek Group LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 381,221 shares of the company’s stock, valued at approximately $30,979,000. iShares 1-3 Year Treasury Bond ETF makes up about 3.0% of Rock Creek Group LLC’s portfolio, making the stock its 15th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in SHY. Bank of America Corp DE increased its holdings in iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after purchasing an additional 3,451,890 shares in the last quarter. RPOA Advisors Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $301,889,000. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 18.1% in the first quarter. PNC Financial Services Group Inc. now owns 2,428,740 shares of the company’s stock valued at $200,541,000 after purchasing an additional 372,529 shares in the last quarter. Finally, AIA Group Ltd bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $123,450,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ:SHY traded up $0.03 during mid-day trading on Friday, hitting $81.17. 3,510,545 shares of the company traded hands, compared to its average volume of 4,354,500. The stock has a market cap of $27.39 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20. The stock has a 50-day moving average price of $81.33 and a two-hundred day moving average price of $82.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.2544 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 2nd. This represents a $3.05 annualized dividend and a yield of 3.8%.

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.