Goldman Sachs Group Inc. Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Goldman Sachs Group Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,100,486 shares of the company’s stock after acquiring an additional 316,254 shares during the period. Goldman Sachs Group Inc. owned about 0.38% of iShares 1-3 Year Treasury Bond ETF worth $91,142,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors grew its stake in iShares 1-3 Year Treasury Bond ETF by 58.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after acquiring an additional 6,281,496 shares during the period. Bank of America Corp DE grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after acquiring an additional 133,178 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after acquiring an additional 4,206,546 shares during the period. Ameriprise Financial Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock worth $388,325,000 after acquiring an additional 257,934 shares during the period. Finally, Raymond James Financial Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 2.5% in the 3rd quarter. Raymond James Financial Inc. now owns 4,299,580 shares of the company’s stock worth $356,693,000 after acquiring an additional 103,291 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.94 on Wednesday. The stock has a market capitalization of $25.09 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.86 and a one year high of $83.20. The company has a 50 day moving average price of $82.29 and a two-hundred day moving average price of $82.63.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.2429 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

About iShares 1-3 Year Treasury Bond ETF

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.