Raleigh Capital Management Inc. Increases Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Raleigh Capital Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 2,246,800.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,469 shares of the company’s stock after acquiring an additional 22,468 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,855,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GM Advisory Group LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.1% in the 1st quarter. GM Advisory Group LLC now owns 757,390 shares of the company’s stock worth $62,538,000 after purchasing an additional 15,642 shares during the period. Hunter Associates Investment Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $795,000. Beacon Financial Advisory LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $258,000. Nixon Peabody Trust Co. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.7% during the first quarter. Nixon Peabody Trust Co. now owns 282,107 shares of the company’s stock valued at $23,294,000 after buying an additional 10,087 shares during the last quarter. Finally, WBH Advisory Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $531,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.94 on Friday. The company’s fifty day moving average price is $82.13 and its 200-day moving average price is $82.52. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.83 and a one year high of $83.20. The company has a market capitalization of $25.31 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a $0.2383 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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