iShares 1-3 Year Treasury Bond ETF Sees Unusually High Options Volume (NASDAQ:SHY)

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Free Report) was the recipient of some unusual options trading activity on Thursday. Stock traders bought 2,264 call options on the company. This represents an increase of 582% compared to the average volume of 332 call options.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

NASDAQ:SHY opened at $82.16 on Friday. The firm has a market cap of $25.16 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.10 and a 12 month high of $83.20. The company’s 50-day moving average price is $82.45 and its two-hundred day moving average price is $82.73.

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iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.2428 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

Hedge Funds Weigh In On iShares 1-3 Year Treasury Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quent Long Short Global Small Cap Fund LP acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $53,414,000. Cadence Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $5,524,000. First Citizens Bank & Trust Co. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $5,566,000. Fifth Third Bancorp raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the third quarter. Fifth Third Bancorp now owns 316,415 shares of the company’s stock worth $26,250,000 after buying an additional 6,453 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 118.9% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock worth $7,023,000 after buying an additional 46,040 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Get 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.

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