Allianz Asset Management GmbH grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 207.3% in the third quarter, HoldingsChannel.com reports. The firm owned 122,388 shares of the company’s stock after acquiring an additional 82,562 shares during the period. Allianz Asset Management GmbH’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,153,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after buying an additional 3,917,307 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% during the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock worth $532,863,000 after purchasing an additional 2,734,684 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 8,100.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock valued at $208,799,000 after purchasing an additional 2,489,175 shares during the period. Mizuho Markets Americas LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 93.4% in the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Finally, Criteria Caixa S.A.U. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $165,720,000. 23.15% of the stock is currently owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Price Performance
Shares of SHY opened at $82.86 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.87 and a 1 year high of $83.14. The company has a 50 day simple moving average of $82.83 and a two-hundred day simple moving average of $82.85. The firm has a market cap of $24.22 billion, a P/E ratio of 3,747.73 and a beta of 0.05.
iShares 1-3 Year Treasury Bond ETF Cuts Dividend
iShares 1-3 Year Treasury Bond ETF 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.
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