Alamar Capital Management LLC Has $6.25 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Alamar Capital Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,371 shares of the company’s stock after acquiring an additional 12,538 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 3.4% of Alamar Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. Alamar Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,245,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares in the last quarter. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $35,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $39,000. Flaharty Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $40,000. Finally, Garrison Bradford & Associates Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $41,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.67 and a 1 year high of $83.14. The business has a 50-day moving average of $82.90 and a two-hundred day moving average of $82.67. The company has a market capitalization of $24.27 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.2563 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, October 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.